We believe that to be successful through all cycles of investing, investors need to take a long-term view of the markets. If your asset allocation is well-balanced and aligned properly with your short, intermediate, and long-term goals, you should be positioned to weather any storm. Do not let your emotions of fear and anxiety derail your positive outcome over time.
There is a disconnect between Wall Street and Main Street (consumers). Although markets around the world have risen, economic data continues to send mixed messages.
Today’s headlines are like those we read in 2008-09, the difference being that we are fighting a virus that has caused world economies to partially shut down. This is not a permanent shut down of our economy caused by bad business plans or financial imbalances.
What should investors think? It depends on whether you are an investor with a long-term perspective or an emotional investor who moves with daily events. 2019 spoke to both investor types.
Year to date the S & P 500 index is up 20.54% through the third quarter, which might cause us to get excited. We may ask why investors aren’t pouring money into the equity markets.
We thought it might be interesting to look back at how we arrived at 18.54% in the S & P 500 year to date.