Keeping your cool can be hard to do when the market goes on one of its periodic roller-coaster rides. It's useful to have strategies in place that prepare you both financially and psychologically to handle market volatility. Here are 11 ways to help keep yourself from making hasty decisions that could have a long-term impact on your ability to achieve your financial goals. 1. Have a game plan Having predetermined guidelines that recognize the potential for turbulent times can help … [Read more...]
Coronavirus Concerns? Consider Past Health Crises
“Putting current market volatility into historical perspective can help you stay the course during turbulent times.” During the last week of February 2020, the S&P 500 lost 11.49% — the worst week for stocks since the 2008 financial crisis — only to jump by 4.6% on the first Monday in March.1 By all accounts, the drop was largely driven by ever-increasing fears about the potential effects of the coronavirus (COVID-19) and its ultimate impact on the global economy. Although many market … [Read more...]
Epidemics and Stock Market Performance
Epidemics 2020 (Click Here to Open) Dear friends, Given the recent market volatility sparked by concerns surrounding the spread of the coronavirus, we thought we would drop you a note. It is our belief that the effects of this crisis on markets around the world will be temporary and relatively short-lived as similar incidences in the past. Please refer to the chart on our blog (linked below) which we're hoping helps us all hold to a long-term perspective. Broadly, our recommendation … [Read more...]
Weathering the Storm: Are You Prepared?
Severe weather can test even the most seasoned homeowners. And while storm hazards such as power outages, downed trees, and flooding can result in costly damage to your home, they can also put your family's safety at risk. The key to making it through a storm safely is to be prepared. Protect your home Before a storm arrives, you'll want to take proactive steps to prevent damage to your home, such as: Cleaning your gutters and downspouts so that water can flow freely away from your home … [Read more...]
