When the market gets rattled, are you rattled? Market fluctuations are a normal part of investing. They can be caused by a variety of factors, including global events, changes in interest rates, and shifts in investor sentiment. When the market experiences a downturn, it can be tempting to panic, but this is precisely the time when you may need to rely on your financial advisor the most.
Countering imagination with knowledge
When the market dips, has your mind ever wandered to a worst-case scenario? In your imagination, you open your statement and a zero stares back. As your financial advisor, I am here to inform you by sharing that fluctuation is normal. You still have all your shares. You may only realize a loss if you sell them.
Understanding the ebb-and-flow of long-term growth
Sometimes, panic takes form in a question: “Are you looking at my account every day?” you might ask. I am looking at your account through the big picture. A good financial advisor has a solid investment strategy in place that is designed to weather market fluctuations. I have analyzed your risk tolerance and investment goals, and created a portfolio that is diversified and well-balanced. This means that even if one sector of the market is underperforming, your overall portfolio can still be positioned to achieve long-term growth.
Keeping cool and confident
While it is a good idea to stay informed about your investments and the market in general, you want to be in control of your emotions when you are alerted to fluctuation. I believe part of why people hire me is because I provide objectivity and help you with decisions that are in your best long-term interests. By working together, we can navigate the ups and downs of the market while remaining more confident in your financial future.
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