“Bear with me if I call again in a couple of days because you are the only one keeping me in the market.” So said a wonderful client to me, recently. Thank you for your trust and confidence! And keep calling—ad infinitum—because you’re not the only one feeling this way!
Equity markets are exceptionally emotional right now, with large swings up and down, daily. We do not want to make big decisions based off short-term swings when they may have long-term impacts. Think about the well-known research, that investors underperform their investments. If they had only held—and not sold—they likely would have earned a better long-term rate of return. Read more about it here:Jackson National and First Trust. (1)