Investing in 2019 was fairly easy. The Standard & Poor’s 500 Index (S&P) returned nearly 28% for the year with only a few bumps along the way. Today, however, we’re faced with a very different market. More and more uncertainties are seemingly hitting the headlines every day, from the global spread of COVID-19 and its potentially wide-spread economic impact, to a historically low Treasury note, and plummeting oil demand, substantially wiping out gains from the past 12 months.*
With the financial markets’ ups and downs over a short period, it’s easy to spot patterns and just as easy to create patterns, if you so choose. However, long-term returns have historically been very favorable to investors who stuck to their investment strategies during times of volatility and avoided the temptation of attempting to time the market.
You may be fearful today, with equities crashing and the 10-year note at historic lows. This strain of Coronavirus may be new, but market shocks are not. We don’t believe they have to be something of which to be fearful.
Our partners at Lion Financial are continuing to watch market conditions. If you have questions or concerns, contact Lion Financial today to discuss ways that they can answer your “what ifs” and help you feel confident in your savings and investment strategies.
Dean Eisenbraun, Lion Financial
Email: [email protected]
*This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice. This information is for educational purposes only. There are risks involved with investing, including loss of principal. Diversification may not protect against market risk.
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