What to do in a volatile market
- Stay The Course
Markets are volatile and will move up and down. Historically, long term investors who stay the course have been rewarded for their patience and persistence.
- Have a Strategy
A well diversified and allocated portfolio will match an investor’s risk tolerance and allow them to weather changes in the market over time.
- Talk to Someone
Nationwide has Retirement Specialists with tools to help you review or develop a strategy for your investments within your retirement plan. Reach out to them for their help and support.
Update on current market activity
- Much of August’s volatility in the market has been attributed to stresses in China. Their government has been actively engaged in devaluing their currency and maintaining stability in their markets.
- Volatility is still somewhat elevated from earlier in the year, but has fallen from the highs in mid-August.
- Many of the economic reasons for the high volatility and downward trending markets in 2000 and 2008 do not exist in today’s economic environment.