Keys to Weathering Market Volatility
The recent turbulence in the stock market may be causing concern among novice investors, but experienced investors understand that what we have seen so far this year is not earth shattering. For context, investors who lived through events like the Black Monday crash of 1987, the Dot-com bust in 2001, the global financial crisis of 2008, and the COVID-19 market downturn, have gained valuable experience and a deeper understanding of equity market swings. Unfortunately, investors with limited experience may lack the perspective or the wisdom of those who have navigated the investment world for a longer period. Knowledge can help provide a general understanding of a topic and expertise can offer a higher level of skill and proficiency.