What To Do When The Market Drops

Hello,

After the U.S. Federal Reserve cut interest rates, and China devalued its currency, the markets plunged. You may be wondering if this is the beginning of a bear market. Market moves can be concerning, but no one really knows where they will be heading next.

So, what is the best path forward for your investments? There are a few key things we can do right now, like assessing your risk tolerance, evaluating your timeframe, and looking for investments that take advantage of the market downswing. It can be a good time to buy.

You might notice that a lot of the points above are related to doing nothing. Knee jerk reactions to short-term moves and turning a portfolio upside down is probably not the appropriate course of action.

Please feel free to share these articles with your family and friends—they are excellent conversation starters.

Success in all your efforts,

John

Add comment

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Email addresses will be obfuscated in the page source to reduce the chances of being harvested by spammers.

John R. Kinkead

Vice President of Wealth Advisement