What an interesting year 2013 turned out to be. Most financial experts agree that 2013 was the best year since the 1990s. All the major domestic stock indexes advanced between 29% and 43% for the year. Virtually every U.S. market segment benefited with the exception of real estate and commodities.
It was also a year filled with many financial news headlines. Fiscal cliffs, high unemployment, an anemic economic recovery, near-zero interest rates, government shutdowns, extraordinary government debt levels, terrorism, unstable foreign governments, Iran … the list is endless.
On and on, the news headlines came at us, as they do every day. What can we learn when it comes to our own investment portfolio?
The current volatility in financial markets revives unwelcome feelings of anxiety, fear and a sense of powerlessness. These are completely natural responses. Unfortunately, acting on these emotions can result in more harm than good. Be diversified and stay disciplined to promote a successful, long-term investment experience.
For more insight, listen to Jentner Wealth Management’s weekly podcast by clicking here. Or download Jentner’s newest white papers on The Four Cornerstones of Prudent Investing and The Active Versus Passive Investing Debate.