200 East Big Beaver
When things are bumpy, resist the temptation to react in an emotional way. Turbulence is part of the ride.
Step back and take the long view. Long-term investment strategies take into consideration short-term volatility.
Watching the market too closely can produce unwarranted stress. Try to de-stress, take a break, and relax.
“During market volatility, the best advice may be the simplest: step back, look at the big picture, and avoid any hasty decisions.”
- From Don't Panic
Bouncing trendlines aren't necessarily indicators of impending doom, nor golden opportunities. Rather, they're a typical part of the investing life cycle. With a sound strategy in place, movement in the market can be anticipated, not feared.
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