In times of global economic uncertainty, it’s best to avoid looking at your investment portfolio. If you typically check the performance of your stocks daily or multiple times each day, try to resist the urge and refrain from doing so for a while. Otherwise, you may react in haste and make a trade you’ll later regret. Trust your portfolio manager to advise on any changes that may be needed and try to remain calm. Fiduciaries are well-trained, strategic thinkers who know how to keep a level head when the market is volatile. If you don’t have a fiduciary on speed dial, you need one!

Investors who look at their portfolios frequently may suffer from myopic loss aversion. That’s when an investor focuses more on the losses and short-term goals and doesn’t seem to notice the gains or remember there are long-term objectives in play. Your fiduciary would remind you that even when we are in a market downturn opportunities remain. 

The good news is we are not currently in a bear market, but rather a market created by political decisions. It’s been a roller coaster ride, without a doubt, but we can help you make confident financial decisions during market disruptions and when times are good and the market is on an upswing. Contact Alloy Investment Management to schedule a portfolio evaluation. If any changes are needed, we will design a portfolio strategy to protect your principal during market volatility. We understand how to mitigate stock market risk. Call 800-689-3935 to schedule an appointment and, in the meantime, just breathe. This too shall pass.