Think long term
Be invested. With patience.
Markets rise and fall, but historically, they have climbed over
time. The challenge for many investors is to keep their emotions
out of the investment process, and not to have a knee-jerk reaction
to market volatility, pulling out at the worst possible time.
One of the advantages of having a professional financial advisor
is to have a voice of calm when markets test your tolerance and
History Shows that the Chance of a Negative Return
Decreases the Longer You are Invested
Since 1950, the S&P/TSX Composite Total Return Index has
delivered negative returns over a one-year holding period 26.5% of
the time. However, the frequency of negative returns decreases with
longer holding periods. Only 9.8% of three-year periods and 1.6% of
five-year periods saw negative returns. There were no ten-year
periods with negative returns. Think long term.