15 Ways to Protect Your Retirement Savings During the Coronavirus Outbreak
We can’t time the market
There are a lot of people who probably believe that switching the investments from stock to bonds is a great idea, especially during the coronavirus outbreak and then switching back to normal. But you can’t go back when stocks stop falling because you can’t fool the time.
If you are not careful you could lose a lot of money. “The only way it works out is if you can buy back at a lower price than when you exited,” Anspach said.