New York City NYC Financial Planners Wealth Advisors & Investment Advisers
1.png

Answers & Observations

Stay up to date with the latest personal finance developments, financial planning advice, investment news and retirement planning tips from our team of certified financial planners and experienced wealth advisors here in New York City.

Posts tagged Bear Market
Q&A with David Edwards: Should I sell my mutual funds when I sense a bear market approaching?

Question: I have about $93,000 invested in non-retirement mutual funds. I have been considering trying to time the market by selling these funds when I sense a bear market approaching (incurring a $1,700 capital loss) and then buying the same funds at a cheaper price once the bear market has arrived. I have no debt and an emergency fund. Is this a good strategy, or too risky?

Read More