Making sense of the meltdown in markets
Money Clinic with Claer Barrett
00:00
The Fear of Holding on to the Bottom of the Market
Casey: We've seen pomo for fear of missing out, but now we're seeing fo ho. This is the fear of holding on. It's really worth taking a deep breath before you make that kind of decision. The difficult thing for ashley, and my heart goes out to him, is that he got into the market. But honestly, it was like shooting fish in a barrel. Stock markets had been annihilated when coverd first hit. People like ashley had spare cash to pump into stocks. Central banks were shoving money into the markets like it was going out of fashion. Markets were absolutely rocketing. And the whole thing was framed as a game. You
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