He says there are promising stocks to buy now, just not in tech. But this is my mission right now. Maybe I need to create a 12-step program to get people to diversify. At that rate, it will take you about 14 years to recoup your losses. So if you put all your money into bank CDs, it could take ages to make up your losses.
Most experts expect bond prices to rise as the economy slows.
Typically, that just means more losses. If you're still working, save more. If you're not working, try to tap other sources of income before selling stocks. If you will need your money soon, yes. Retired schoolteacher Sharon Adams isn't discouraged by her losses because they're just a small part of her portfolio.