DON’T LET SHORT TERM MARKET VOLATILITY DERAIL LONG TERM INVESTMENT PERSPECTIVE

  

Only a few weeks into 2016 there has been a huge drop in stock prices.

Local financial advisor of Edward Jones, Billy Starnes, says that local investors should not allow this short-term stock market fluctuation to derail their long-term investment decisions.

One of the current concerns in the market remain falling oil prices and slower economic growth in the rest of the world. Starnes goes on to say that “Over time, stocks are supported by economic and earnings growth. We expect the economy to continue to grow modestly, and we think corporate profits will rebound as oil prices and the dollar stabilize over 2016. Don’t let the shaky start to the year undermine your confidence in the longer-term outlook.”

Edward Jones financial advisors believe this has the potential to present good opportunities for long-term investors to purchase quality investments at lower prices. They also suggest investors to consider improving the diversification of one’s equity and fixed-income investments.

The sidelines are no place to be when it comes to one’s long-term money.