Being Smart with $$ -- Long Term Stock Market Investors Do Well Without Worrying

The stock market has been crazy this year! If you are an avid watcher of the business channels it may be keeping you up at night with worry.  And yet, if you slept through the first 119 days of the year you would be bored to read that the market is barely changed for the year. And you would likely be very pleased to notice that it is up over 10% annualized for the last 3 years and up over 13% annualized for the last 5 years.  As a long-term investor, you could not complain about your 5-year results even if the market dropped 10%-20% this year.  But you have to be a long-term investor to enjoy these kinds of results without dreading short-term volatility.  Investors who worry about short-term results will likely miss the long-term benefit of being in the stock market.  Which kind of investor are you?  If you need a better plan, maybe it’s time to contact an hourly, fee-based financial planner.  I can help.

Larry Pike, CFA
www.clientpriority.com