When markets are unpredictable, it’s easy to feel unsettled. Financial headlines change by the hour, and with every dip or surge, you might wonder, “Should I be doing something?”
The short answer? Not always.
Understanding Market Volatility
Market volatility is normal. It refers to the natural rise and fall of market prices over time. While dramatic shifts can feel alarming, they’re not uncommon. Historically, the market has experienced ups and downs—and still trended upward over the long term.
Why Long-Term Planning Matters
When we build a financial plan, we don’t do it based on the news of the day. We do it based on your long-term goals, values, and vision for the future. Whether you’re planning for retirement, preparing for a major life transition, or navigating widowhood, career shifts, or blending families – your plan is designed to weather change.
What You Can Do During Volatile Times
Stick to the Plan: Your strategy was made with downturns in mind. Stay the course unless something major has changed in your life.
Revisit Your Goals: Has anything changed in your personal or financial life? That might be a better reason to adjust your plan than a market swing.
Review Your Emergency Fund: This is a good time to ensure your safety net is intact.
Don’t Panic: Emotional decisions rarely lead to smart financial outcomes. If you’re feeling unsure, talk to someone you trust.
When to Reach Out to a Financial Advisors
If you’re going through a transition – loss, divorce, a new marriage, or a career change – and you’re wondering if your plan still fits your life, that’s the perfect time to check in.
Markets fluctuate, but a strong plan keeps you grounded. Let’s make sure yours is still working for the life you’re building.
Need further financial guidance?
Book a complimentary no obligation call and we can discuss a plan to help you move forward with confidence.
Donna understands first hand that life has many transitions. Having been widowed suddenly at age 40, reinventing her career, and blending her current family, she understands these unique needs and can give you clarity for moving forward!
Donna (Sephton) Kendrick, CFP®, CDFA®
This blog is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought. A diversified portfolio does not assure a profit or protect against loss in a declining market.
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