How to navigate a volatile stock market based on your ‘risk appetite,’ according to experts

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Silver said that High Yield Savings Accounts, Certificates of Deposit, and money market accounts are all currently seeing returns of about 4% to 5% for the more cautious or conservative investor.

Silver urged investors to remember that “a market falls into a correction, ten percent or more, once a year on average,” and that “usually the market reverts to the mean, and the mean is an average annual return of eight to ten percent a year going all the way back to the 1950s.

Stocks closed low after the July jobs report showed a slow down in the labor market, with the Dow Jones closing with a loss of over 600 points after being nearly down 1000 points and Nasdaq closing at a loss of over 400 points.NEW YORK (AP) — U.S. stocks are bouncing back after the market experienced its worst day in two years on Monday, but the average investor may still be understandably spooked.

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Article Details

Author / Journalist: Cora Lewis, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Investing Investing advice Stock Invest Wall Street Investing strategy Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-06 @ 20:37:30 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 12 words

Reading Time: 1 minutes read

Sentences: 22 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 21960248

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Official Website: fortune.com

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