It’s that time of year—the “red zone”—the period between August 15th and October 30th when the markets are highly volatile.
The “red zone” doesn’t guarantee there will be a steep correction or a market crash, but from the way financial investors are glancing around and chewing their fingernails lately, you’d think we’re on the brink of a financial emergency. A number of big names in the investment business are saying it’s time to sell (and maybe it is) but at Fabian Wealth Strategies, we’re not letting the media or the political climate scare us into making rash decisions.
We’re staying in control of our money—not the other way around—and helping our clients do the same. We’re maintaining our discipline and remembering that, actually, the market is in an uptrend.
No, we don’t have our heads in the sand. We’re paying attention and following the numbers; we know the markets are unstable. But we also know that the worst thing a financial investor can do is panic.
Don’t let fear drive you!
It’s good to be prepared in times of uncertainty—in fact, we recommend you have a sell-strategy in your back pocket for if something bad happens. But if your financial decisions are motivated by fear and anxiety, you’ll make the wrong choice every time.
Control your money—don’t let it control you. Stick to your plan and stay disciplined. And if you need advise about your portfolio, or just reassurance that you’re doing the right thing, don’t hesitate to call us at 800-300-3684 or email us at askdoug(at)dougfabian(dot)com. We’re here to point you in the right direction and help you stay on track!