Accept the predictable unpredictableness of the market. If you’re thinking “easier said than done,” remember:
Retirement accounts are set up for long-term investing. Focus on your long-term goals and try to ignore short-term volatility.
Some volatility is healthy for the market. After a long period of mild volatility, recent drops may have appeared shocking to you, but economists say a correction was overdue.
Mutual funds are generally long-term investments and not designed for frequent changes/trades.
A well-diversified portfolio will help alleviate some of the effects when a correction occurs.
If you are experiencing more volatility than you’re comfortable with, it might be wise to take a look at your portfolio. Contact us at 1-800-279-4030 if you need help or have questions.