Forecasting the Market
The unstable political landscape has given rise to a more volatile market, which can be stressful to many investors who are looking for a smooth ride. This means that people will crawl out of the woodwork to give you a forecast of the next year of market activity so that you can be more prepared and correctly time the market. A major reason behind this type of “news” is that it will induce people to trade, and financial companies make money off the trading activity of their clients. If you create enough noise and tension, it can get to investors who feel as though they need to make changes in order to have a successful investment experience. I could go on about this, but though it would be better summarized in this video.
If you have any questions or are getting anxious about the stock market, send me an email and we can talk through what’s going on and how to best position yourself.