February Market Update - Stay Calm
Well, what a whirlwind it has been watching the fluctuation in the market lately!
When the stock market falls hard for a few days in a row, the impulse is to do something. Anything. Our life savings are often on the line, after all?
But that's just the thing: Stocks are most useful for long-term goals. So unless those goals have changed in the last few days, it probably doesn't make much sense to overhaul an investment strategy based on a blip of market activity.
We are here, as always, to discuss how the current financial climate impacts your financial plan! If you are concerned with the current state of the market and your assets, give us a call, and we'd be happy to help you make the best decision for your financial future, which could mean doing nothing but sitting this wave out!
If you’d like to explore how the Davis Financial Group could help you to develop a plan, click here to schedule a complimentary consultation.
How much worse can it get? For more than a year it seemed as if the stock market could only go up, buoyed by a river of money that gushed from the government. In the past week, that illusion has been shattered.
A suddenly sliding stock market is sending a wake-up call to older Americans that maybe they shouldn’t invest like they used to. Many are likely to ignore that call.
It can be especially hard to sit on your hands with headlines proclaiming a market meltdown. But, pour yourself a drink tonight, or sit down with a pint of ice cream, and consider the following six things.
2021 is now in the rearview mirror, yet many of last year’s concerns still weigh heavy on the minds of investors. These worries are magnified for those approaching retirement since their nest egg may need to last for decades into the future.