As the old saying goes, when it comes to tough workouts: “No pain, no gain.” And if you’re starting a new workout routine, you know that it can be hard. But over time, you grow accustomed to the discomfort — some people go as far to say that they grow to love the pain.
Recent market volatility has reminded us that these same concepts could be applied to the world of investing. If you’re newer to investing, market swings can literally produce emotional pain and anguish. To say it can be stressful is an understatement. However, as you become more accustomed to the natural ups and downs in the market, you are likely to be more confident. You have more perspective because you can see through the temporary noise and focus on the long-term goals. In short, it helps to become comfortable with feeling uncomfortable.
And just like working out, investing requires discipline and patience. There are no shortcuts. So the next time you second guess yourself, consider the evidence. Look at the long history of the stock market and remember that it has been resilient over time. More importantly, it continues to provide us all with opportunities to invest for our future.
Past performance of any security, or of the stock market in general, does not guarantee future results. Investing in equity stocks is risky and subject to the volatility of the markets.
The information contained herein is not guaranteed as to its accuracy or completeness. It should not be considered investment advice. The information provided herein does not provide information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular investment. It also is not meant to be individualized retirement planning or investment advice. Consult your financial professional for advice suited specifically to your individual needs.
The information on this page is provided for educational purposes only and is not tax, legal, financial planning or investment advice. Neither the information nor any opinion expressed in this section constitutes an offer to buy or sell any securities or advisory products. The information provided is general and is not information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular security. You should not regard this information as a substitute for the exercise of your own judgment. Investing involves risk.