'Throwing your plan out the window right now because you're scared is like taking your life vest and flinging it as far from you as possible because you're worried about the ship sinking'
Along with sticking to your investment strategy, Roberge told his clients to stay calm and avoid letting fear drive them to make decisions that couldWe're sharing his letter here in hopes that it might help you make decisions about your investments as we all watch theIt's been a strange week and a half in the financial markets, to say the least. Long story short, increasing panic about the coronavirus caused serious volatility in the market.
This is not to minimize the potential risks of a contagious illness; this is not to say stick your head in the sand and ignore the world around you. This week is a week. The long-term might mean we have 10, 20, or 30+ years to go. Things might continue to get scary before we're back to clear skies and sunshine again.
Continue looking at the forest that is your entire time horizon of many decades rather than pressing your nose up against the tree of today and failing to see anything else but what's right in front of you.
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