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Mentally Preparing to Handle Volatility

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Mentally Preparing to Handle Volatility

Click on the image above to watch the video.
 

So we have seen more volatility this year, actually just since February. In 2017 and the first month of this year, the S&P 500 closed +/- 1% in only 8 of the days. (3% of the trading days). From February 1 – March 2, it has happened in 10 days (48% of the trading days).

Related: Investors: Ignoring Can Become One of Your Greatest Assets

This “increased” volatility is more of a return to the normal. We may have become desensitized to what is normal due to the panacea last year. 

So it’s a good time to remind ourselves of two straightforward ways we can mentally prepare ourselves to handle volatility (they are both in our control). Watch this one minute video to learn.

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