Investing with Your Emotions Can be Costly!
Fresh off the heels of the Midterm Elections, we are still firmly in Bear Market territory. Stocks and bonds are sharply negative. The market has lost about 16% since the beginning of the year. But while these headlines can lead to anxiety, as Dustin with Mundorf Wealth Management explains to Erin Kennedy, it's important to stick to and rely on your "financial plan."
Often, during market downturns, investors tend to panic and leave the market. And when the market recovers, those investors miss out on the rally, further compounding their losses.
No one knows when this Bear Market will hit bottom. But if you've taken the time to design a thoughtful and holistic financial plan, you'll see that these moments of volatility were built into the plan already and, depending on your time horizon, can even offer unique investing opportunities. Of course, if you have any questions, please feel free to reach out to Dustin at any with a call or text to 830-476-2505 or by visiting www.LongLiveMyMoney.com
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