Concern in the current markets is only natural. How to stay logical in emotional times...Submitted by E2E Financial, LLC - Andres M. Romero ChFC, CFP® on March 18th, 2020
You have lived through this before (think 2008 great recession, 2000 internet crash). Please keep the faith! Why am I so adamant about this? Because my 27 years in the business has shown me that the effective investors are the ones that stay invested. It’s easy to give in to emotions and lock in losses. It’s hard to know when to get back in. And getting back in is hard, and not being in the market can be devastating to your portfolio. Missing only the 10 best days out of 5,220 days (20 years) can reduce your return by over 50%. Take a look at the attached chart showing the effect.
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