Time to cut your stock market losses — or not?
Financial Times: June 17, 2022
Bear market history suggests staying invested beats cashing out.
June 24, 2022
Hello,
Mike Tyson famously said, “everyone has a plan ’till they get punched in the mouth.” And this week you could be feeling like that — punched with an uppercut of rising gas prices, talk of a recession and the Fed’s announcement of steeper interest rate increases.
But don’t throw in the towel. Stick to your training plan with a budget and savings. Be assured, long-term strategies can roll with these punches.
Just like a fighter learns to anticipate, absorb and react during a bout, likewise a diversified financial strategy is designed with your long-term goals in mind to account for ebbs and flows of economic fluctuations over time.
Perhaps your long-term goals have changed in the past few years. Or maybe the uncertainty created by the pandemic and the current economic upheaval have you rethinking your financial strategies. If so, you’ve got a strategic partner in your corner. Contact Sally Lawson, Malvern Bank’s Senior Investment Officer. She and her team can evaluate your plan to make sure it will help you “go the distance.” You can reach Sally at 610.695.3651, SLawson@MyMalvernBank.com or visit one of our convenient locations.
The articles below have some tips on adjustments you can make, along with important news worth sharing. Looking forward to connecting if you have concerns or questions facing the second half of 2022.
Sincerely,
Anthony C. Weagley
President & CEO
Malvern Bank, National Association
Beyond Your Expectations ™
Office : 610.644.9400
Financial Times: June 17, 2022
Bear market history suggests staying invested beats cashing out.
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