During periods of market volatility, financial advisors commonly tell clients to stay the course and fight any urge to de-risk. Long term charts of major equity averages show that even diversified portfolios experience significant drawdowns every once in a while, but have historically gone on to reach news highs every time. With conviction and a long enough time horizon, ignoring the price action can ultimately pay off.
WHAT’S THE WORST THAT COULD HAPPEN?
WHAT’S THE WORST THAT COULD HAPPEN?
WHAT’S THE WORST THAT COULD HAPPEN?
During periods of market volatility, financial advisors commonly tell clients to stay the course and fight any urge to de-risk. Long term charts of major equity averages show that even diversified portfolios experience significant drawdowns every once in a while, but have historically gone on to reach news highs every time. With conviction and a long enough time horizon, ignoring the price action can ultimately pay off.