Broker Check

Watching Your Portfolio Isn’t Much Fun Right Now

July 20, 2022

For many investors, it’s been a tough year. The combination of high inflation and poor investment performance has left us feeling a sense of loss and hopelessness. While day-to-day may be difficult to watch; for many, investing is a long game. We have lots of data and examples in history of market volatility and the best practices to help us design your long-term strategy.

4 things to keep in mind about your portfolio during market volatility:

  1. Check your emotions
  2. Don’t try to time the market
  3. Continue to contribute
  4. Stay diversified 

There are many studies that show that missing the best days can have a lasting impact on long-term performance. We won’t know when that best or worst day will be, but we can look at trends over time, continue to stay the course, and make adjustments as needed. I’m always here if you would like to talk,  just email me or call the office to set an appointment. 

All the best.

PS: If you have friends or family that are feeling emotional or concerned about the market; I’m always happy to review their strategy with them for a second opinion. 

Content in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.