Investing With ComposureSubmitted by Prosperity Advisors on November 13th, 2018
by Brent Evans, CFA®
October brought a market downturn that may have seemed spooky, but is actually quite normal. Despite average intra-year declines of double-digits, market returns have been positive 29 of the past 38 years.
While a brief downturn can feel uncomfortable, we believe it often represents an opportunity to buy, not a reason to sell. Those who try to “time” the market generally do so based on emotion. They often sell at market lows and don’t buy again until the market has already recovered. Instead, we believe long-term success is about discipline and taking advantages of opportunities as they arise.
Remaining invested has historically rewarded investors over time and can help lead to a better long term outcome.
*The return and principal value of stocks fluctuate with changes in market conditions. Shares when sold may be worth more or less than their original cost. Investors cannot invest directly in indexes. The performance of any index is not indicative of the performance of any investment and does not take into account the effects of inflation and the fees and expenses associated with investing.