Many investors are concerned as our economy hits record-high inflation and some downward market spirals. During this turbulent time, it has proven to be very difficult for many to remain focused and stay the course
with saving and investing in a financial future. Weathering market uncertainty is hard and creates temptation to take action.
Financial advisors have historically found when investors react to market trends it often backfires. It is important to look at the long-term goals you have set and not over-react, so you can take advantage of the inevitable market peaks to come.
Late legendary investor Jack Bogle strongly encourages a buy-and-hold strategy during times such as these. Bogle, during a 2018 partnered interview with Warren Buffett, said, “STAY THE COURSE! Don’t let these changes in the market, even the big ones [like the financial crisis]…change your mind and never, never, never be in and out of the market. Always be in at a certain level.”
Feeling concerned about your investments and their performance? Reach out to financial professionals with CAPTRUST, TIAA, and/or FIDELITY to help you stay the course, focus on your long-term goals, and explore ‘market proof’ investments.
