How to keep your perspective on the market
While the market certainly fluctuates, it doesn’t have to be a nerve-wracking experience.
Basics of the market
Created in 1792 on Wall Street, the first major U.S. stock exchange was the New York Stock & Exchange Board (now known as the New York Stock Exchange). A stock market is a system where shares of publicly traded companies are issued – and millions of different investors, or shareholders, buy and sell them. The money raised can help grow these businesses. And investors/shareholders can participate in it. The Securities and Exchange Commission (SEC) regulates and oversees the U.S. stock markets.1
For some, following the stock market can seem daunting — but it doesn’t need to be.
Here are five tips on how to gain perspective, keep your cool, and make investing decisions based on good information — not out of fear or worry.
Invest for the long-term
Saving for retirement is a journey, not a sprint. Don’t change your investments simply because of day-to-day volatility. Set a strategy and stick with it.
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