Stocks in 2022: Interview with the Chief Investment Strategist of Charles Schwab.
“Add Low, Trim High,” Liz Ann Sonders’ Wall Street Mantra.
You can watch the full interview of Liz Ann Sonders, by Natalie Pace, at YouTube.com/NataliePace.
With the exception of a few blips, stocks have enjoyed a stellar run since 2009 — for twelve years of ever-increasing prices and gains. For younger investors, it might seem like stocks and real estate always go up — that investors just can’t lose. However, January’s stock market rout has been a stark reminder that reversals can be swift. In under a month, the NASDAQ Composite Index dropped -13%. Many individual stocks plunged far further.
Early last year, the memes were boasting of shooting the moon.This month, the Reddit Wall Street Bets’ bulletin board was stocked with fear and loathing. Should your wealth plan feel like a casino — cloud 9 one minute and busted out the next? What’s the best strategy for January’s Wall Street rollercoaster? Will February rally or sink even further? For answers, I turned to Liz Ann Sonders, the Chief Investment Strategist of Charles Schwab & Co., Inc.
Natalie Pace: The S&P500 entered a correction on Jan. 24, 2022. What does this signal to you?
