Market Volatility: Don’t Panic. Get a Second Opinion.
Yesterday, November 5th, investors experienced a sharp sell-off in the stock market. The Nasdaq Composite fell 5.52%, while the S&P 500 declined 4.36%, driven largely by concerns surrounding the future growth of artificial intelligence (AI) companies and uncertainty following the midterm elections.
There’s no question that market declines like these can make investors nervous. And with the possibility of more volatility ahead, those concerns are understandable.
But here’s something we believe investors need to remember: Don’t try to time the market.
History has shown us that trying to predict when to get out of the market, and more importantly, when to get back in, can be a costly mistake.
In fact, historical market research has shown that some of the stock market’s best days have occurred very close to some of its worst days. Missing those recovery days can have a significant impact on your long-term investment results.
It’s also important to keep things in perspective.
Despite yesterday’s sharp decline, the S&P 500 remains up approximately 8.43% for the year, while the Nasdaq Composite is still up approximately 4.62%.
So while yesterday’s market performance certainly got everyone’s attention, it doesn’t necessarily mean investors should abandon their long-term investment strategies.
What it does mean, in our opinion, is that now may be an excellent time to get a second opinion.
Do you really know what you own? Are your investments properly positioned for your financial goals and your tolerance for risk? Are you more heavily invested in certain areas of the market, such as technology, than you may realize?
These are important questions, particularly when markets become volatile.
At Hennion & Walsh, we’re offering individual investors a complimentary, no-obligation second opinion on their existing investments.
Our investment specialists will help you understand what you own, where you stand, and whether your investments are positioned appropriately for your financial goals.
And if you’re interested in learning more, we’ll introduce you to The Hennion & Walsh Experience — a team of investment professionals, each with their own area of expertise, working together to help you achieve your financial goals.
After nearly 37 years of helping individual investors, we believe that’s the way financial advice should work.
Don’t panic. Don’t try to time the market. Get a second opinion.
Contact Hennion & Walsh today for your complimentary, no-obligation second opinion.
Advisory Services provided by Hennion & Walsh Asset Management… Securities Offered by Hennion & Walsh, Inc. Member FINRA/SIPC…
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