Market Update #2

March 12, 2020 | Tom Gribbons


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Given the uncertainty and worry that pervade the markets this week we wanted to share a couple pieces of information from RBC Wealth Management that can help you maintain your long-term investment plan.

I’ve been through many market corrections, pullbacks and outright Bear markets in my 33 year career and I can attest that each and every one feels terrible at the time. But in each case the investor who maintained a diversified investment portfolio and used the weakness to rebalance accounts back to their suitable allocations has come out the better once the clouds have cleared. For your reference, please feel free to review this article pertaining to the 10 principles of successful investing in volatile markets, as well as this article discussing the cycle of market emotions.

Please feel free to reach out to me at any time to discuss your personal or corporate investments.

Tom Gribbons, CIM

Gribbons Advisory Group

 

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Economy Markets Health