Yahoo: Where Americans Plan to Invest During an Economic Downturn – and Where Experts Disagree

Published in Yahoo Finance on May 17, 2023

Dave Fowler, CFP®, ChFC® and President of High Mountain Financial Coaching disagrees with exiting the market during a downturn.

“[If you] are in a well-diversified portfolio right now – a diversified mix of ETFs, index funds, and mutual funds – [you] should stick with their plan. The long-term trend of the market has always been up. Since the stock market started we have seen world wars, recessions, depressions, gas shortages, [and] rampant inflation – everything we have going on today – yet despite all that the long-term trend has always been up,” he said.

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