As investors this year, we have experienced no shortage of market volatility. Markets don't go straight up forever, and volatility is a normal and expected part of investing. It's the cost we pay for the opportunity for higher returns over time.
Due to persistent inflation and the Fed continuing to raise interest rates, we have experienced multiple days of significant market volatility this quarter. Just a few weeks ago we experienced a 4% decline in the markets in one day.
One of the biggest risks to your financial plan is selling securities when the market is down. You risk missing the best days in the market, which often come right after the worst, thereby compromising a thoughtful financial plan.
It's my job to help you stay focused on your long-term goals and tune out the noise du jour associated with market volatility.