Marriage And The Markets

Marriage And The Markets

January 05, 2021

Your investment strategy is a lot like a marriage. One day you may feel like everything’s going effortlessly. The next day, there might be an argument over who forgot to load the dishwasher. And even the best marriages and partnerships have moments where one or both partners look around and go, “Is this as good as it gets?”

The stock market, much like a marriage, has days of ups and downs. Just look at what happened within the last few weeks of 2020. During the first week of December, the stock market jumped 200 points, only for that gain to disappear a week later.1,2

Investors cheered an upbeat consumer spending report, and stock prices rallied again when home sales stayed near a 14-year high. But the enthusiasm faded on mixed news about the job market, and selling continued on concerns about the rollout of the COVID-19 vaccine.3

Trying to make sense of the market and the economy during a pandemic is like trying to determine the health of a long-term relationship based on one day. The market may be fickle or have a roving eye, but it’s important to remember that your investing strategy was created based on your goals, time horizon, and risk tolerance. Just like a marriage, you're in it for the long haul.

If you have any questions about what you’re seeing in the news, please give us a call. We’d welcome the chance to hear your perspective on “what’s next” for the economy.

About Terrell Dinkins, MBA, ChFC®, CDFA®

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Terrell Dinkins, MBA, ChFC®, CDFA® is an investment adviser representative of and offers investment advisory services through OBN Wealth Advisors, LLC, a registered investment adviser offering advisory services in the State of Georgia and other jurisdictions where registered or exempted. Main Office: 950 Eagles Landing Pkwy, Suite 216, Stockbridge, GA 30281. Tel: 404-723-9780. Website: OBN Wealth Advisors.  

1. CNBC.com, December 8, 2020
2. CNBC.com, December 2, 2020
3. WSJ.com, December 9, 2020

Investing involves risks, and investment decisions should be based on your own goals, time horizon and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite, LLC, is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.