Step Back
October 2024:
- The S&P 500 stock index trades to a new record high of 5,700
- 5 years ago it was only at 2,200
“Yes! Everything is great!”
5 Months Later…..
March 2025:
- The S&P 500 pulls back from its highs and is trading at 5,700
- It has gained +16%/year on average for the last 5 years
“Oh no! What a disaster!”
Remember to…
- Step back
- Turn off the news
- Stop constantly checking the markets
- And get some real perspective
It will lead to better decisions, and more happiness.
And your long-term financial future depends on it.
Author: Rick Wagner
Source: FactSet. The views expressed herein are those of the author and do not necessarily reflect the views of Raymond James & Associates or its affiliates. All opinions are subject to change without notice. Neither the information provided nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. Past performance is no guarantee of future results. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. Investing involves risk and investors make incur a profit or loss. The Standard & Poor's 500 Index is a market capitalization weighted index of the 500 largest U.S. publicly traded companies by market value. Individuals cannot invest directly in an index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary. The investments listed may not be suitable for all investors. Raymond James & Associates recommends that investors independently evaluate particular investments, and encourages investors to seek the advice of a financial advisor. The appropriateness of a particular investment will depend upon an investor's individual circumstances and objectives.
