World events can shake up the financial markets – and your investment statements.
During periods of volatility, it’s important to focus on the things you can control.
For starters, don’t overreact to short-term price drops – hasty decisions are rarely the best ones.
Also, make sure you identify your short- and long-term goals and create an investment strategy to meet them.
And commit yourself to invest regularly – in up, down, and sideways markets.
If you take a “time out” from investing due to market volatility, you could miss out on the next upturn.
Finally, build a portfolio containing a mix of investments that reflects your goals, risk tolerance, and time horizon.
The world will always be filled with unpredictable, uncontrollable events, and many of them will affect the financial markets.
But within your own investment world, you have a great deal of control – and with it, you have the power to keep moving toward all your important financial objectives.
This article was written by Edward Jones for use by your local Edward Jones Financial Advisor John Dickerson. Member SIPC.
