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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.
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.
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…