It’s been a turbulent time around the world the last few weeks with Israel/Gaza conflict, Ukraine, labor strikes to name a few. But investment markets haven’t cared. The S&P 500 is up 3.66% for the last two weeks. Which is 19% (18.97 %to be exact.) of the S&P 500’s 2023 total return. Other stock indexes are up even more. (see our weekly investment markets link below for details) It is understandable to be worried about your investments during times like these. The facts are that staying invested is your best strategy. And that’s why I say “Congrats!” if you’ve stayed invested.
As I’ve recommended, the best long-term investment strategy is always staying invested based on your risk tolerance. Missing even 10 days in a ten year period can reduce your returns by 45% over those ten years. Need a second opinion on your investment portfolio? Reach out. We’d be honored to help.
Make it a great Thanksgiving week!
Your weekly market update is here.