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Business Finance

The market crashed and you lost a lot of money. Here’s what to do next

The coronavirus crisis has left millions unemployed, thousands sick and most people in some financial strain. The last thing many of us want to do right now is look at our investments.

If you haven’t yet, try not to. Through March, the S&P 500 had the worst quarter since 2008 while the Dow Jones hadn’t seen a drop this bad since 1987.

And in May, Federal Reserve chair Jerome Powell warned of a “prolonged recession,” leaving many wondering if the worst is yet to come. If you didn’t look at your portfolio, you’d be doing yourself a favor. 

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