Are You Ready For Market Volatility?

Chart, Trading, Forex, Analysis, Tablet, Pc

Image Source: Pixabay

2023 started out with positive returns across the board in all portfolios, but we gave up some of those gains in September. With the market volatility going on, people are starting to worry about investing again. Market volatility strikes a nerve for many people, and rightfully so. The FED has continued to raise interest rates, there is talk of a possible recession in 2024, and there are wars taking place.

As cliche as it may sound, staying invested long-term is the best way to protect your investments from bad economic times. Long-term investing takes dedication, focus, and patience. It is also important to keep enough cash in reserves to handle your short-term needs, that way you never have to sell your stocks for a loss. There will always be periods when there is higher market volatility, in fact, we seem to be experiencing those periods more frequently in the last few years. The bottom line is, you have to focus on the long-term.

Video Length: 00:04:05


More By This Author:

Looming Market Threats In 2023
What Kind Of Taxes Should You Expect To Pay During Retirement?
How Much Can You Spend In Retirement?

Wiser Wealth Management, Inc. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with