Investing in the stock market can sometimes feel like riding a rollercoaster, full of ups and downs. There’s the thrill and excitement when the market goes up, but also uncertainty and fear when it goes down. It’s important to steady your emotions and invest for the long-term, avoiding the quest for short-term gains.
5 Key Tips
It’s natural to be concerned about how a market decline might affect your current investments, but now is not the time to make any spur-of-the-moment moves. Consider your long-term strategy and goals—and remember that market ups and downs are to be expected.
Take a look at the attached doc from AIG, “Emotions and Your Money” It provides five key tips for staying grounded when market volatility causes emotions to run high. As always, we seek to provide you with informational resources that can help you make informed decisions. We hope you’ll find it useful.
How would you rate your financial feelings right now? Do you feel confident, uncertain, or have you taken the time to even think about it lately? Please reach out if you have questions or concerns or would like to have a conversation; that’s what we’re here for.
Use this link to reserve your time to talk about your best next steps with me - https://my.timetrade.com/book/PWJ6N
August 17, 2023