Should You Try To Time The Market?
Have you ever found yourself wondering if you should re-allocate your investments during periods of market volatility?
Maybe you think the market’s too high.
“It can only go down from here” you say to yourself.
Or maybe the market’s been down for a few days in a row.
You think it’s obvious.
You watch the news every night and the experts say “It’s only going to get worse.”
So – does it make sense to make changes to your allocations?
Investing For The Long-Term
Imagine you had to drive from New York City to Los Angeles.
At the beginning of your journey, you’re in downtown Manhattan.
And you find yourself stuck in traffic.
It’s bumper to bumper.
Bicyclists are whizzing by you.
You find yourself frustrated.
So you jump out of your car, and you decide to sell it on the spot.
And you sell it at a ridiculously low price.
Then you buy a bicycle to continue your trip to the West coast.
As crazy as this sounds, people do it every day.
They let emotions get involved.
And they make short-term decisions when they’re on a long-term journey.
Keep your time horizon in mind.
And stick with the vehicle that will take you to your destination — whatever that might be.
There might be times along the way when other vehicles might look like the better choice.
But remember to keep your eye on the prize.
We aim to take emotions out of the equation and help you make smarter, educated and more informed decisions when it comes to your retirement.
Contact us today to learn other tips and strategies to make sure your money lasts in retirement.
Schedule your complimentary federal benefits review and retirement analysis here with a licensed insurance professional.
For additional information, you can also contact your friends at GPIS by calling 866-201-7829 or by sending an e-mail to email@example.com.
-Sam Wiss, RICP
By responding to this offer, you may be contacted by a licensed insurance and financial professional regarding life insurance and/or annuity products. Not affiliated with, or endorsed by, the federal government or any government agency.
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