Worried About the Market? Don’t panic.
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Because of current events, you may be tempted to sell off your assets after watching the market go down one day, then up the next. Resisting the urge to react to volatility, however, may allow you to benefit when it recovers. Instead, consider worrying more about the factors you can control, like how much you are saving and consider putting more of your attention toward constructing a portfolio that reflects your risk tolerance and your long term retirement planning strategy.
Understanding the market cycle may be a key factor to getting the most out of your investment goals. Disciplined investing and managing your reaction to a bad market day or week could be the best hand you can play. Systematic investing does not ensure a profit nor guarantee against loss. Investors should consider their financial ability to continue their purchases through periods of low price levels. Watch this video provided by one of the A&M System retirement vendors, Voya Financial, to help make better decisions regarding your assets during this turbulent time.
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