Many investors are fleeing the stock market, but some are doubling down: ‘If I lose $15,000, I’m not going to die’
2 years, 8 months ago

Many investors are fleeing the stock market, but some are doubling down: ‘If I lose $15,000, I’m not going to die’

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Dave Cooper and Samantha Longshore are doing whatever they can to save money, skipping summer vacations and deferring house repairs. “We can theoretically wait out the downturn as long as we need, as long as we keep our jobs," Mr. Cooper said. In March, individual investors bought $28 billion of U.S.-listed stocks and exchange-traded funds on a net basis—the largest monthly sum ever recorded by Vanda Research since it started tracking data in 2014. BlackRock Inc., the world’s largest asset manager, recently warned investors against trying to “buy the dip," or timing their purchases to buy shares that are on sale. Maybe prices on tools will go back down and when we sell whatever stock we have, we’re not selling it at a discounted price," Mr. Cooper said.

History of this topic

The stock market has been on a tear. Here’s how you can safely invest
4 years, 2 months ago
As stocks tumble, long-term investors advised to sit tight
5 years ago
US shutdown: Is it time to exit markets or stay put?
11 years, 5 months ago

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