MEDIA SPARKS FEAR
Headlines throw caution to the wind!
Why am I not surprised that the headline in the news today was "Stocks Plunge"! Yes stocks went down 216 points but that was only 1.5%. Another headline was in the weather report in New Hampshire, "Temperatures Plunge", as they drop from 54 degrees to 25 degrees or over 50%! So the stock market as measured by the Dow drops 1.5% and temperatures drop 50% and they get the same headlines. This is how the media strikes fear into investors to get them to sell. Who reaps the benefits, Wall Street! Who loses investors! It's very hard for investors not to get caught up in what the media says about the market, but if you have a solid investment policy and stay the course, you'll be fine overtime. At Teach Wealth Management we'll coach you through the tough times as well as the good times. Staying true to your process and not giving into short term cycles is so important to overall performance. Please don't try to time the market. Remember "It's time in the market, not timing the market."