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Senior Member
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Join Date: Jun 2021
Posts: 1,681
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Senior Member
Join Date: Jun 2021
Posts: 1,681
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It's because interest rates are likely to be hiked this week.
Investors are scared.
Also COVID in China.
Inflation generally, COVID, russian/Ukraine.
The whole market is tanking today. My stocks have been on a decline for a while now and I keep losing money. It will recover though, but will likely get worse before better.
Thankfully, the two stocks I'm invested in are an EV company and an energy one......I'm still down 50% on my energy and up 4% with my EV stock, but it has tumbled loads.
Investing though is long term so just need to ride it out.
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