Recent market volatility reminds us of the ever-present risks inherent in stock investing. When bear markets occur, many investors instinctively seek shelter on the sidelines. But, as history demonstrates, leaving the market—even temporarily—can be costly over the long-term. So, what can investors do now to manage current market volatility?
Making regular contributions to a 401(k) plan provides a valuable way to save for your future—allowing assets to compound and grow tax-deferred. But keeping your long-term goals on track involves periodically reviewing and adjusting your strategy along the way.
Is a recession coming… or is one already here?
For a lot of investors, the first part of 2022 has been a lot like those first few possessions when we got scored on. The stock market is volatile. Interest rates are rising. Inflation is up. There is a lot going on. And it can certainly cause anxiety and uncertainty. But that doesn’t mean the plan an investor has in place won’t work.
Cooking is not something I am a natural at. It is something I must work at, and something that seems intimidating to me. The way I feel about cooking- that is how many people feel about their personal finances.
I love the fact that in my job I can help people craft the life that they dream of – and help protect them from pitfalls they may not think of along the way.
The Markets Review for the period ending December 31, 2021.
What can investors do now to prepare for market volatility in the future?
As life changes, we need to re-evaluate our finances. It is a part of life moving so quickly.
Step outside of your comfort and make reviewing your finances a priority.