Starting Early and Investing Consistently
The last few weeks have given us evidence of how difficult it is to predict markets. As financial advisors, our job is to help our clients build and stick to a financial plan. We need to understand your goals and risk tolerance. In times of volatility, I often take a look at this Andex chart and am reminded of how common these pull backs are in the market are and how important it is to stick to your financial plan. Investors who sell their holdings in a declining market are very likely to lock in losses and miss out on the upside.
Tags: market volatility