I'm worried about what's happening in the stock market. It is always good to consult a trusted certified financial adviser before making significant investment decisions. Unless you are nearing retirement, most experts suggest you stay the course when there are seemingly wild swings in the financial markets. This helps take the emotion out of investing. Long-term typically refers to 10 years or more.
Markets have a history of highs and lows.
The Board of Pensions is neither surprised nor alarmed with the recent market volatility. We want members to keep a perspective that the U.S. stock market has experienced unprecedented growth for nearly 10 years. The 1990s were incredibly prosperous years. Historically, it is common and expected that markets will rise and fall. This could produce marginal and even negative returns over the short-term.