How to Quit Worrying and Love It When Stocks Tank

If you own Boeing Co., the last month has clearly been an "intestinally challenging" ride: 10% straight down after two of the company's new 747 Max 8 aircraft crashed in Indonesia and Ethiopia. It's down around 16% from its all-time highs... The Max 8 fleet is grounded for now; Garuda Indonesia is the first major carrier to cancel its Max 8 orders - $6.9 billion worth - and there's no telling who could follow. It may be a good long while before they can start flying, let alone selling, these planes again. So obviously, Boeing has taken a reputational hit as well. Unsurprisingly, I've listened to a couple of Boeing investors lamenting their losses in recent weeks. To them, I'd say: Look, I have no idea how all the investigations will end, or when they will end, but I suspect Boeing survives just fine. And I have one solid piece of advice for them - and you - and anyone who's ever watched one of their favorite, hard-won stocks tank... Relax! There's more than a little upside in doing just that... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How to Quit Worrying and Love It When Stocks Tank appeared first on Money Morning - We Make Investing Profitable .
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