The current volatility in the markets, coupled with the end of tax season, makes this an opportune time to reevaluate your portfolio. It is important, especially during times like this, that you sit down with your Account Executive and review your holdings and overall strategy. In the meantime, take a break from the volatility and keep these investment fundamentals in mind.
Many people become nervous about market declines.
In a volatile or declining market, your best defense is to stay focused on your investment goals. However, until you actually sell shares, any drop in share price is a loss on paper only. You don't realize the profit or loss until you actually execute a trade. Time in the Market - Your investment time frame will of course vary according to your goals. But if you're investing for more than five years, short-term market fluctuations may have less impact on your portfolio.