Today, Stockchase Insights commented about whether LMND-N, BEW-X, NEO-T are stocks to buy or sell.
Investing Basics: Take a long-term view, avoid panic selling
Given the constant stream of information through news channels, endless YouTube debates, never-ending podcast suggestions, unlimited market gurus, and so on, it is easy to feel overwhelmed and seek out data that perfectly aligns with your fear-prompt emotions. This is known as confirmation bias, where one can find and frame data to fit or accommodate any idea. There is one truth in the market, however, which is that long-term investors are eventually rewarded. Headlines such as economic recessions, geopolitical tension, terrorist attacks, and reactive monetary policies trigger market volatility that are short-lived. It is important for investors to understand historically volatility and market performance are pieces of a cycle that are tested on a regular basis. While past market performance is no guarantee of how the market would perform in the future, Peter Lynch says, far more money is lost preparing for or anticipating corrections than been lost in the corrections themselves.
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