Some 43% of investors they’re too nervous to invest in the market right now, according to an online survey of more than 1,000 adults conducted in March.
CFP, founder of Apex Financial Services in Atlanta, adding that having discipline in today's market is like having a parent tell you to eat your vegetables when you were a kid.
"If you ended up with 80% in equities and that's really giving you an ulcer, then maybe it's time to review that exposure," said Lassus, adding that markets may have already done the work for you. Baker agreed, adding that for some investors, the typical 60% equities and 40% bonds portfolio may no longer make sense.Of course, a falling stock market can be especially nerve-wracking for those who are in or near retirement.
"Even if you're 60 or 70 years old, with life expectancies today, you're still investing for the long-term to keep pace with inflation," said Lassus, adding that if you hope to leave money for your family down the road, long-term investing is even more important.One thing that may help investors disconnect from the daily cycle of volatile markets is to check back in with their long-term financial plan and track where they are with their goals, said Lassus.
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