Your Second Growth Newsletter
To say the markets have been off to a turbulent start this year might sound like an understatement. With up-to-the-minute accounts of current news through social media and online news outlets, we understand why it is sometimes hard to tune it out. At Cypress Wealth Services we are focused on helping you thrive in Your Second Growth. To meet this commitment it is important to help keep our client’s grounded during unsettling times and helping them focus on what really matters. In this month’s Your Second Growth Newsletter we discuss why it is necessary to tune out the noise. We highlight great articles and reminders to help you stay focused on your real mission during volatile and uncertain markets.
Volatility is Normal
While it may be difficult to remain calm during a substantial market decline, it is important to remember that volatility is a normal part of investing. Additionally, for long-term investors, reacting emotionally to volatile markets may be more detrimental to portfolio performance than the drawdown itself. The attached commentary discusses the normalcy of volatility and the importance of not reacting. Click here to view.
Don’t Be a Statistic
When markets get uncertain it is human nature to be fearful and want to react. It takes real discipline to tune out the noise and stick to your plan. Don’t let irrational behavior get the best of you, otherwise you may become a statistic. Historical data has shown that investor behavior has caused their returns to significantly underperform. The attached article highlights some great historical data on investor behavior and their investment returns. To view the article, click here.
Remember You Planned for This
If you created a plan when times were calm, and it made sense, then why change your approach now? That is your mind playing tricks on you. We pride ourselves on the planning process we take our clients through. We do this to help you understand where you are and to see how you get to where you want to be. A big part of this approach is also about managing volatility and the unknowns life will inevitably send your way. We are here to revisit your plan whenever you need. We are confident it can bring calmness to sometimes unsettling times.
If you have any questions, please call us at 760.834.7250 or visit us at www.CypressWS.com