Much has been said about the robust stock market in 2017. Combined with the strong start to 2018, the press is abuzz with predictions ranging from further gains to significant corrections.
We try to tune out the news and focus on the fundamentals. From a historic perspective, we are not likely to see such gains in stocks in 2018. However, absent a geo-political event, we are not likely to see a melt-down either. As always, we encourage diversification to help smooth out the ups and downs of markets over time.
Is there something you could be doing now to plan for the future? The prudent course of action is to talk with your financial adviser, review your investment strategy and make sure your risk level is in line with your current situation and goals. Changes in markets and changes in your own situation occur over time, which is why it is important periodically to touch base with your adviser and review your investment strategy.