Over the past few days stock markets, both domestically and abroad, have been very volatile. It's times like these when emotions can lead to faulty investing decisions. Although it is impossible to know what the future holds, it's vital that we focus on a broader view than what we may hear on TV, and what may or may not occur over the next week, month, or year. Here are some great thoughts to help clear the fog:
Here Are 5 Things We All Need to Know, Right Now:
"Stocks slumped world-wide this week, with U.S. and European markets off more than 5% and the Shanghai Composite Index losing more than 11%. Oil prices also skidded, dropping more than 6%. Traders feared that slowing growth in China, the devaluation of the Chinese currency and the overhang of too much debt could stifle global economic recovery. Here are five things you should know about how not to react."
WSJ blog: 5 Things Investors Should Not Do Now
Webinar: Focus on What You Can Control:
Trying to time the market can drastically impact overall performance. A disciplined investor looks beyond the concerns of today to the long-term growth potential of global markets. Join us via webinar at 5pm on Wednesday as we discuss focusing on what we can control to help us achieve our financial goals.
Seminar: Focus on What You Can Control
At Eaton-Cambridge, we have always emphasized the importance of broad diversification, lots of asset classes, spread across the entire world and with a long-term view. Like you, we do not know what the future holds. What we do know is capital markets return the patient and unemotional investor great rewards. No market timing needed!
Tune-out the noise created by the media and enjoy your summer. If you are a client of Eaton-Cambridge you can be confident your portfolio is prudently structured to meet your exact goals. If you have a question or would simply like to talk, feel free to give us a call, we'd love to chat.