The stock market is down. Should you sell?

 The stock market is down. Should you sell?

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With the pandemic proving hard to leave behind and the global economy still suffering, the stock market is having a bad week.

The Dow Jones Industrial Average dropped about 350 points, or 1.1%, in early Thursday trading, and the S&P 500 fell 1.3%.

But while it can be painful to watch your investment accounts shrink, you’ll likely regret selling.

“Pain is a sign you’re investing well,” said Allan Roth, founder of financial advisory firm Wealth Logic in Colorado Springs, Colorado.

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That’s because if you can’t withstand the drops, you’ll also miss out on the gains.

Over the last 20 or so years, the S&P 500 produced an average annual return of around 6%.

But if you missed the best 20 days in the market over that time span…

Read full article…www.cnbc.com