How to Keep Your Focus (and Your Nerve) Amid Market Chaos

Welcome to a new week here on the Retirement Quick Tips podcast! I'm your host, Ashley Micciche. One of my favorite questions that I came across recently that I've started asking clients who are nervous about the current environment now is - what needs to happen for you to feel more in control right now?  It's important to ask the right questions and I find this question to be helpful because it gets to the heart of the issue for most people - you're not in control of the events of the world, yet you're feeling the effects of those events in a very real way as your investments go up and so far this year…down. Sometimes it's a small change that can make all the difference - slightly lowering your allocation to stocks, selling a particular position that is the most volatile, moving more into cash so at least you won't need to sell stocks if things get worse from here.  The key is keeping the long-term view in focus and not let current events cause you to completely abandon your long-term investment strategy. And just doing something - the smallest thing in many cases - is enough to help you stay stick to your plan. So this week we're exploring the topic: How to Keep Your Focus (and Your Nerve) Amid Market Chaos