A message for my 403(b) clients,
A timely and sensible article during difficult unpredictable financial times.
In terms of the stock market and your retirement accounts, the last few weeks have been the most volatile time in recent years. Gains and losses not only happen more frequently, they are far more extreme than we have grown accustomed to lately. The markets are like swinging pendulums, posting 1000 point losses, followed by 800 point gains, this has become an almost every other day occurrence. It’s common to wonder what should I do?
For answers to that question, I reference a recent article from financial website, Marketwatch (see website link below).
For the long-term investor, have little fear, periodic purchasing into internationally diversified equity, which you all currently do, increases your chances of earning a positive return.
Another point I liked was:
“A falling stock market can be a gift for young investors, but only if they take advantage by deploying their savings at lower prices.”
Ben Carlson is the author (@awealthofcs is his twitter handle)
Marketwatch; Outside the box, “Should young investors keep 100% of their money in stocks during a correction?”, Ben Carlson https://www.marketwatch.com/story/should-young-investors-keep-100-of-their-money-in-stocks-during-a-correction-2020-03-09?mod=home-page
@jsc403b 