Market Volatility – Now What?
Why its time to stay the course
Provided by Avenues to Wealth
Oh, October, you notoriously fickle month. You are definitely holding yourself true this year as well. With the ups and downs we’re seeing in the market this October, it can be difficult to stand still and avoid knee jerk reactions.
You might be wondering what is in store for November. In the past 20 years, the Dow has posted average gains of 1.9% in November, third best of all 12 months, says Bespoke Investment Group.1 In the current bull run that began in March 2009, the broad Standard & Poor’s 500 stock index has gained 1.75% in November, vs. the average gain of 1.2% in Novembers since 1983, Bespoke data show.1 In years like 2017, when stocks have been up 10%-plus thru October, the S&P 500 averaged a November gain of 2.7%.1 It finished up 87% of the time.1
It can be difficult to translate what that all could mean for you, your investments and your retirement. It is best to remember that your investment strategy was created to your specific goals, regardless of what the markets do from one day to the next.
Just turn off the TV and social media and stay the course. Feel assured that we are here for any questions you may have and are monitoring the trends on behalf of all of our clients.
Jonathan Neher and Diane Watson may be reached at 970.372.0541 or support@a2wfinancial.com.
Indices mentioned are unmanaged and cannot be invested into directly. Past performance is no guarantee of future results.
Citations
1.USAToday.com, November 3, 2017
