The last two years in the market have been a doozie. The Fed raised interest rates to tamper inflation, and the stock market freaked out. The market doesn’t like uncertainty, so it went down. And it was painful.
But for most of my clients, we never sell in a bad market. Why? Because market timing doesn’t work. And, if you have the patience to ride out a bad market, in most instances you will be rewarded.
If you can predict when the market will go up and down (my crystal ball hasn’t worked in over 30 years), you know when to get in and out of the market. However, most financial analysts can’t make this prediction.
So, it’s best to ride out the rollercoaster with all its twists and turns. And I am here to get you through the ride with confidence, because investing emotionally can cost you.
And before you go...take a look at this graphic that explains why emotional investing can be costly.
Emotional Investing
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
Until next time,
Diane