There’s no doubt that the first part of 2018 has brought some market fluctuation in stock indexes. During these periods of unpredictability, many people can begin to have uncertainty about their strategies for investments.
But, keep in mind that in the last 12 months, the Dow Jones Industrial Average and Standard & Poor’s 500 Index has seen an overall incline. Remember to look beyond the headlines and don’t panic when the market dips. It’s extremely important to not make hasty decisions at short-term fluctuations, but rather stay true to course for your long-term approach to your financial goals.
I encourage you to download the Keys to Prevailing Through Stock Market Declines that outlines five tips to help you avoid common pitfalls and stay on track, not make emotional decisions, and provides perspective on the history of the stock market fluctuations. As Warren Buffett once stated, “The market is the most efficient mechanism anywhere in the world for transferring wealth from impatient people to patient people.” Remember this during these times. Be patient, show resiliency and stay the course.
We are here to help you create a diversified investment portfolio so you are prepared for the cycles of the stock market. Feel free to contact us today and we’d be happy to talk with you.
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