What's happening with the stock market, and what does that mean for the economy?
These two questions are top-of-mind for most Americans as gas prices, inflation, and interest rates rise. We've rounded up insights and resources to help you make sense of what's going on and prepare for what might come next. Here's what you need to know:
Guide to Navigating Uncertain Markets
There are eight tips to remember when navigating volatile markets:
Bull markets tend to be stronger than bear markets.
Don't put all your eggs in one basket—diversify.
Emotional investing can take you off course.
Focus on "time in" the market, not "timing" the market.
Dollar-cost averaging can help volatility work in your favor.
Portfolio rebalancing can help keep you aligned with your goals.
Expect the unexpected: be prepared for any sequence of returns.
Your financial advisor can help put the headlines into perspective.
The complete guide expands on each one of these tips. We've made available for you as a resource.
Remember: in times like this, the Robin S. Weingast & Associates team is here to help you take a step back and evaluate the next move. Don't go it alone - contact us today.