The second quarter of 2022 is over. Given that all stock market indices were down 15% or more for the quarter, you might be asking: what do I do?
We recommend three steps:
1. Review your risk tolerance to see what long term portfolio allocations make the most sense for you.
Continue to invest systematically to take advantage of the low prices. The best way is to contribute to your 401k plan. If you can, increase how much you are contributing. Do you see what Warren Buffett is up to?
This downturn can feel scary. We understand that. But do NOT let your emotions dictate your investment decisions.
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Keep hope alive!
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