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This Is A Test! A test of your investing Philosophy!!

PUBLISHED Jun 14, 2022, 8:43:26 AM        SHARE

imgMoguling Muzzy

We have officially hit a bear market. As of today’s close, the S&P 500 sank 3.9% making its total return down -21.3% from its highs at the start of this year, breaching the down -20% mark. The Dow Jones Industrial Average dropped 810 points, or about 2.6 percent and the Nasdaq Composite tumbled 4.35 percent. Volatility is high today, but try not to let it trigger an investment reaction. In the financial markets, a reaction is a sudden but usually short-lived upwards or downwards movement in a stock's price. Staying the course may be the right decision as equity markets have historically provided positive returns over the long term. I realize we start looking to the experts for suggestions on how to navigate this downturn. But, as the Delphic maxima inscribed in the forecourt of the Temple of Apollo at Delphi "know thyself"; "nothing to excess" and "certainty brings insanity".

YOU’VE PLANNED YOUR WORK, NOW WORK YOUR PLAN



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