Investing with emotions can be costly
Tuesday, April 7th, 2020
Investing with emotions can be costly. Investors tend to buy high and sell low as they invest more in a rising market and pull money out in a falling market.
Investors who have typically followed their emotions have historically regretted it. Periods that followed investors cashing out of the market have provided above-average returns, while periods that followed investors adding to the market have provided below-average returns.
It is important to stay the course and avoid reacting in ways that could derail your long-term financial goals.
The longer you stay invested, the greater likelihood of positive returns.
We are here for you and welcome you to reach out should you have any questions or concerns.
- Alina Leon is here for all your scheduling needs - Alina@bfpcc.com
- Melissa Kolcz is here for any beneficiary updates or paperwork requests - Melissa@bfpcc.com
- Katie Brennan Kane is here for all your operations and investment requests - Katie@bfpcc.com
- Kelli Grew is here for your financial planning and investment needs - Kelli@bfpcc.com
- Michaela is here for your financial planning and investment needs - Michaela@bfpcc.com
Please continue to take good care of yourselves and be safe. Let's all do our part to help flatten the curve and only leave the house for essentials.
With gratitude for your trust,
Your Team @ Beacon Financial Planning of Cape Cod
Sources: BlackRock, Morningstar