Page 25 - ARUBA TODAY

BUSINESS Monday 19 February 2018
A25

As markets shook, many investors held steady

torically delivered better had shown in the placid,
returns than other invest- record-setting year before
ments when held for the the sell-off, when $75 of ev- Divi Links Golf
long term, such as a de- ery $100 went to stocks. 1br WK 11 room #2303
cade. Generation X investors Studio WK 11 room #2302
Beyond that, many voices showed an even more pro- 27 weeks remain 10
along Wall Street were en- nounced preference for accelerated
couraging investors to "buy stocks during the downturn, 1br WK 12 room #2303
this dip." Worries about with stocks making up $86 27 weeks remain 10 accelerated
higher inflation and inter- of every $100 in new and 1br $9000 Studio$8000
est rates sparked the sell- re-allocated dollars. That's Call;630-1307
off, but many analysts said up from $67 in the prior johnnypaesch@gmail.com
they expected corporate year. Older investors were
earnings and the global also buying stocks, but Barcelo Resorts
economy to stay strong, at a lower rate than their 2 br deluxe Week 9 and 10
A woman walks through the front doors at the Fidelity Invest-
ments office on Congress Street as the ticker displays stock mar- which should help stock younger counterparts, and ocean View all inclusive
ket numbers in Boston. At Fidelity’s retail brokerage customers prices recover. at a lower rate than they Price :$25K each
continued to put in more buy orders than sells after the S&P 500 The buying likely played a had been buying at during Call;630-1307
began falling from its peak set on Jan. 26, 2018. “Millennials and role in what's been a quick the year before the down- johnnypaesch@gmail.com
Gen Xers are definitely taking advantage of these prices and rebound for stocks. As of Fri- turn. Baby boomers instead _______________________________209502
taking advantage of the sell-off,” said Scott Ignall, senior vice day's close on Wall Street, put much more money into
president and head of online brokerage technology at Fidelity.
(AP Photo/Stephan Savoia) the index had roughly money markets and cash. Divi Village
halved its loss and is down “Every investor is different,
By STAN CHOE age technology at Fidelity. only 4.9 percent from the with different goals and risk Studio wk 6 3rd Floor
building F Top Floor
NEW YORK (AP) — This Experts typically recom- record. tolerance, so it’s hard to say
month's sell-off for stocks mend that investors stay Consider what millennials whether their activity is right 23 weeks remain
pool/ocean View $8000
marked the first big test of the course when stocks go customers were doing in or wrong,” Ignall said. But
investors' mettle in years. through a bout of volatility. their Fidelity brokerage ac- “having a plan, sticking to call:630-1397
johnnypaesch@gmail.com
And many ended up doing Stock prices can suddenly counts from Jan. 26 through it and being able to adapt
exactly what the experts bounce up and down, as Feb. 12, when the S&P 500 to that plan is the most im- Divi Dutch Village
were recommending: hold they did this month when lost nearly 8 percent. Of ev- portant thing for our clients,
steady. the S&P 500 followed up ery $100 in new dollars and and I’m glad they’re able 1 br WK # 8 room #94
2sd Floor over Look Pool
Even as stock markets its worst week in two-plus money getting re-allocat- to do that through these
tumbled around the world, years with its best week in ed, $87 went into stocks or market conditions.” Fidel- 26 weeks remain $8500
Call: 630-1307
putting a halt to an unusu- five years. But stocks aren't stock funds. That indicates ity’s figures marry with data
ally calm and strong ride supposed to be short-term an even stronger appetite from others around the in- johnnypaesch@gmail.com
upward, many investors holdings, and they've his- for stocks than millennials dustry. q _________________________________209154
resisted the urge to sell in a
panic and lock in the loss-
es. Others plugged even
more cash into their trading
accounts after seeing pric-
es for S&P 500 index funds
drop by 10 percent within a
couple weeks.
At Fidelity's retail broker-
age, for example, custom-
ers continued to put in
more buy orders than sell
orders after the S&P 500
began falling from its peak
set on Jan. 26. Younger in-
vestors led the charge into
stocks.
"Millennials and Gen Xers
are definitely taking ad-
vantage of these prices
and taking advantage of
the sell-off," said Scott Ig-
nall, senior vice president
and head of online broker-