“Please Stay in Your Seats”: Market Volatility & Your Long-Term Success

In this episode of Purposeful Planning, we’re diving into a topic that may make investors feel like they’re on a rollercoaster: market volatility. When the market takes unexpected dips and rises, it can feel unsettling, but just like turbulence on a plane, the best approach is often to stay seated and ride it out. We’ll explore why long-term investment strategies typically outperform attempts at timing the market, and we’ll look at data showing just how costly it can be to miss the market’s best days. Buckle up, and let’s navigate this ride together.  Sources:    https://www.aspenwealthmgmt.com/resource-center/blog/market-volatility  https://www.hartfordfunds.com/practice-management/client-conversations/managing-volatility/timing-the-market-is-impossible.html https://www.dimensional.com/sg-en/insights/looking-to-stick-the-landing-shake-off-the-volatility (MyDimensional login required)  The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.    This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice.  This recorded posting utilizes AI generated voiceovers. While the Firm strictly prohibits the use of AI for advisory activities constituting investment advice, financial plans, portfolio analysis and management, and reporting, the use of AI for other purposes, such as voiceovers, is permitted and utilized for the firm’s recordings.  Hosted on Acast. See acast.com/privacy for more information.