Financial Advisor wrote:
Ghost of Igloi wrote:
Ah, the quote implies excitedly selling at lower prices, so an incorrect interpretation on your part.
No, it doesn’t. Did you even read the Bloomberg article?
“If you’re a long-term investor you want to be able to buy low, and millennials had a chance to add to their retirement accounts at a lower price,” Bankrate.com analyst Taylor Tepper said by phone. “In that sense, it’s very exciting.”
Overall, investors kept calm throughout the turmoil, with just 6 percent of those surveyed pulling cash from their accounts, according to the report.
Bump.