Smart Things to Do in a Down Market
March 12, 2020
One of the most unsettling aspects of market downturns is the fact that they are out of your control.
Markets move based on numerous variables that no one person can meaningfully control or even fully monitor. And when stock prices falter, the resulting steady drumbeat of negative news reports can drive many people to flee the markets out of fear (and miss out on potential gains as financial markets regain their strength).
But when others are pessimistic, you can reframe the situation as one of opportunity.
Namely, you have the power to follow these suggested actions-which historically have resulted in success weathering market lows.
Remember, all investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss. Be aware that fluctuations in the financial markets and other factors may causedeclines in the value of your account. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income.
If you would like to discuss your investment plan, contact us.