{"id":2967,"date":"2020-12-11T10:10:04","date_gmt":"2020-12-11T10:10:04","guid":{"rendered":"https:\/\/afluxcoin.com\/10\/dont-panic-sell\/"},"modified":"2020-12-11T10:10:04","modified_gmt":"2020-12-11T10:10:04","slug":"dont-panic-sell","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/es\/10\/dont-panic-sell\/","title":{"rendered":"Don\u2019t Panic Sell"},"content":{"rendered":"

During the current economic crisis, it is easy to see reasons to sell stock.The S&P 500 is a market-capitalization-weighted index of 500 of the largest publicly-traded companies in the U.S. and is usually what traders use to gauge the overall economy.The S&P 500 seems to be hitting new highs despite poor employment numbers. In May 2020, we had a little more than 14% unemployment while now we have about 6.7%. In February, it was at 3.8%, which is more or less indicative of our normal economy.In the midst of the pandemic in May, the market was at 2830.71, while today, it is at 3672.82. In February, the S&P 500 was at 3248.92.Looking at this data, we can see that the market is now stronger than it was pre-coronavirus despite jobs not returning to normal.Why is this?Well, it is important to note that the S&P 500 is weighted. Technology, communications, and healthcare represent just under half of the total value of the index. Amazon, Apple, and Microsoft make up more than 15% of the index\u2019s value. These companies are actually profiting off of the pandemic.Despite people struggling and many are falling into poverty. According to a study by Colombia University, 8 million Americans have fallen into poverty. This shows the errors in using a market index or even GDP to gauge the wellbeing of a population.As a result, it is natural to look at the investing stories that come out every day and want to pull out your money. Most of the titles say \u201cBear Market Coming,\u201d \u201cS&P Rallies Despite Poor Employment Records,\u201d and \u201cWhen Will the Bubble Pop.\u201dMany finance savvy people I know moved their retirement funds and investments into money market funds ( kind of mutual fund that invests in highly liquid, near-term instruments. These instruments include cash, cash\u2026<\/p>","protected":false},"excerpt":{"rendered":"

During the current economic crisis, it is easy to see reasons to sell stock.The S&P 500 is a market-capitalization-weighted index of 500 of the largest publicly-traded [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2967"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=2967"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/2967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=2967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=2967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=2967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}