Negative headlines and market volatility can make it tempting to alter a well-designed investment plan. While selling off your portfolio may make you feel better, this decision could mean lost opportunity and not achieving your long-term investment goals.
|Year /Event||Return (%)||Return in Following Year (%)||Next 5 Years Average Return|
|1990 Gulf War||-14.8||+12.0||+10.8|
|2002 Tech Wreck||-12.4||+26.7||+18.3|
|2008 Financial Crisis||-33.0||+35.1||+11.9|
Stay disciplined with these five principles of successful investing:
|1. Invest Early||2. Invest Regularly||3. Invest Enough||4. Diversify||5. Have a Plan|
Your investment plan should be dynamic, not static. Here are three “levers” that can be adjusted over the years to meet your changing needs.
Should I Change My Investment Plan?
Conversations to Have With Loved Ones
Making the Most of a Bonus or Tax Refund