CNBC: “Wall Street braces for more volatility ahead: ‘It could go up huge or it could go down huge'”

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Really? Stocks could go up huge or go down huge?!?! Thanks for the sage investment advice, CNBC.

It floors me to know that there are still people out there who rely on fear-mongering articles, such as this, to help guide their investment decisions.

There is literally no new information in this article. Yes, there is a US presidential election occurring in 2020. Yes, Bernie Sanders is gaining ground in the race for the Democratic Party Presidential candidacy. Yes, numbers for people infected with the coronavirus is increasing. Yes, the UK has officially left the EU. Currently, these “headlines” are dominating people’s inboxes or their notifications are blowing up people’s cell phones. So, how should you react? Ask yourself, did your initial investment strategy ever call for knee-jerk reactions in the case that any one of the above-mentioned events occur? I highly doubt it.

My suggestion for the impending “extreme volatility”: grab a coffee or tea, find a chair, open your favourite book and enjoy! Sleep, wake up and repeat. Trust in the fact that your investment strategy of a globally, diversified portfolio will perform much better if left untouched, especially during the very profound, aforementioned market outlook.

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