March 7, 2022
I often hear folks say, “I’m Losing Money” when the stock market goes down.
A friendly reminder: you only lose money if you cash out or move to a more conservative holding during a market correction.
Your number of SHARES is still the SAME! In fact, with your monthly habits, you are building WEALTH!
Market downturns happen often…and they don’t last forever.
Our last severe market downturn was March 2020. It lasted 5 months.
Is the Russian invasion worse than the pandemic? I don’t know.
I’m reading how many of our fund companies are adhering to government sanctions, and possibly shifting global holdings.
Higher oil prices resulting from events in Ukraine are likely to trim growth and possible add to inflation.
The Fed chair told congress March 2, a hike in the federal funds rate remains appropriate.
Market declines are a part of investing.
You are well diversified.
And I’m listening. Please feel free to call if you have any questions, or just want to chat about your accounts.
You are a smart investor, keep up the good work!
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