Tuesday, January 31, 2017

Time for Patience

"This too shall pass." ~ old adage

Yesterday's market volatility in response to the immigration ban reminded me of the need to stay calm and to remember my thesis for each investment.   Long term, the market responds to economic and earnings factors with the long term direction being upward.

Short term event driven movements in stock prices are general just noise, and may be opportunities to buy lower or sell higher.   Otherwise, the best action may be no action and waiting for the event to pass.

Patience is sometimes the best action.

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This is not financial or investing advice. Please consult a professional advisor.

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