Don’t Let Market Jitters Get the Best of You

And we're going to open up talking about really what not to do in your investment life.

So we're running down a lot of really good information here.

Kelly, like the first item here, this is where emotions can get the best of you.

Don't panic and sell investments at a loss.

Yeah, I do see a lot of people panic selling sometimes or even panic buying for that matter too.

But selling in a downturn locks in your losses.

Certainly you don't want to do that.

You may miss out on the future market recovery if you do that.

Just remember back to 2020.

The market went down hugely when everything got closed and businesses were, you know, nobody was going out and all of that.

Well, we recovered.

If you stayed invested for that year, you recovered, and you recovered quite nicely in a lot of instances there.

So keep a long-term perspective, I would say here.

Make your adjustments gradually.

Don't panic with whatever you hear on the news or what your brother-in-law is doing or something like that.

So when I look at investments, I do two-year, five-year, 10-year investments for you.

Good investments should withstand down markets as well.

So if you've got a good investment and the market goes down and maybe your value's gone down a little bit, I'm not gonna panic.

I'm gonna stay the course, especially if they're good investments or I feel like they're good investments so they're going to recover.

So make sure you don't panic sell out there or even panic buy.

I'll add that little codicil to that as well.

Make sure you're doing the right thing for you.

And again, that's the professional wealth management we bring to the table for you.

So you don't do those things.

Right.