Volatile markets
May 16, 2018
I’m Miriam Neff-with STARTING OVER FINANCIALLY, and I’m Valerie Neff Hogan, and we’re here to talk about money
M Many are impacted by the behavior of financial markets. Whether owning a portfolio or being invested through workplace 401K’s and IRA’s market volatility is a reality. Let’s get some perspective. With reward comes risk. Risking that stock value increase means there will be ups and downs.
V For the long term investor, broadly for the last 25 years, the stock market has averaged approximately a 10 percent per year return. Any random year may be quite different. 1 percent in 2015, 12 percent in 2016. Resist the impulse to pull your money out in that down market. No one has been able to accurately predict the day they’ll rise again.