Let's face it, 2022 has produced different performance outcomes that what some investors have grown accustomed to expect. Many investors have seen significant periods of volatility and many accounts have lost some value (on paper). Remember, ups and downs are normal parts of a stock market cycle - but admittedly, it still doesn't feel good - especially if you are one of those people who just can't stop checking their account values or watching the ticker on CNBC!
If that's you - always watching and looking at your account value & the day's returns - please stop! It's probably giving you unneeded stress, anxiety, maybe a few wrinkles and definitely some gray hair. As a long-term investor, the movement of the market from day to day is not something you need to be focused on, instead look to the future and have a solid plan to get you there. After all...it's the holiday season...get out there and start buying some presents.
While we don't know what 2023 will bring, we are optimistic and confident that an investment strategy that aligns with your overall financial plan is a smart best way to grow wealth and sustain you in retirement.