man and woman reacting in extreme dismay with mouths open (Photo: Shutterstock)

Panic selling at the start of the pandemic hasn't paid off for investors, according to a survey by MagnifyMoney, LendingTree's personal finance platform. Since mid-March, 42% of investors sold at least one stock, the survey of 1,000 investors found, and almost a quarter sold everything. Most wanted to have access to cash in case of a recession, and over a third wanted to get out before a serious crash.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.