Watching stock investments drop 5% or more in a single day can be anxiety-inducing, and it happens more often than most would like. Many investors feel like they have to sell in order to mitigate their losses. However, doing so may cause them to miss out on a rebound that is right around the corner. While short-term losses can be hard to handle emotionally, it’s important to remember that the stock market has historically increased over the long term.
We expect stock market volatility to persist as the economy continues maneuvering high inflation and supply chain disruptions. During these times sticking to your financial plan and taking the appropriate amount of risk with your investments is imperative in the pursuit of long term success. If you have any questions regarding your portfolio, please call Shore Wealth Management today.
This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.
Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC).