Like most of us nowadays, you’ve probably tuned into the news and have seen updates on the looming market. The predictions, reports, and sensationalized views probably have you on edge. Our partners from Morningstar Investment Management shared a great public document with us on the history of the markets, and that not everything is truly doom and gloom.
Drown out the noise.
Market movements are notoriously difficult to predict. The media outlets that scream the loudest are not always the most accurate. The fallout from attempting to time the market in response to one of these predictions can be dangerous to your portfolio.
Stay focused on the longterm.
Investors who have taken the time to determine an investment plan based on specific goals and risk tolerances are best advised to stick to that plan. While it may not always grab headlines, a sensible, tailored investment plan may be the best solution to help meet long-term goals.
Download the full report and disclaimers on staying the course.