Broker Check

Uncertain times in Plano, Texas

May 06, 2020

Here in Plano, Texas, it can be hard to makes sense out of today's market.  Here is one thing you can do today:


Short-term market fluctuations can stir all sorts of emotions and may even lead you to make unwise investment decisions. Whenever possible, step back and take the long view. Are you investing for 10, 20, or 30 years? Longer? Viable investment strategies generally outlast volatility, which typically lasts days, weeks, or months.

Numbers from the past can provide insight as well. Although past market performance cannot serve as an indicator or predict future trends, the S&P 500 has generated an average 8% annual return through 2018, since adopting 500 stocks into the index in 1957.3,4 The S&P 500 is an unmanaged index that is generally considered representative of the U.S. stock market. (Remember, individuals cannot invest directly in an index.).

So as Plano, Texas starts open back up, make sure you remember that Plano has been through times likes this before.  Stay safe, Plano!