In this clip from “The Future of Fintech” on Motley Fool Live, recorded on June 9Fool.com contributor Danny Vena offers advice for investors when the market is in a slump, especially if it’s extended.
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Danny Vena: As far as what an investor should do, I know that not all investors are in the same situation. But if you have the ability to continue adding to your most confident businesses during the recession, I strongly encourage you to do so. My wife and I were talking this morning about reallocating some money that we have in different buckets so that we have more money to invest now because in five years to Jason’s point earlier this is going to seem like a decision brilliant, even if it looks really stupid over the next six months or a year and a half if the downturn continues.
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