by Thomas M. Riddle, CPA, CFP®, Founder & Chairman of the Board
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Your account values may go lower, but history tells us in time they will bounce back and provide an attractive rate of return. There is no guarantee, but we know several things for sure. The recent drop is normal. The abnormal market was the 2017 market which only went up, up, up……
The consumer, the economy, and business profits are quite strong. It is highly unlikely the U.S. will encounter a recession in the foreseeable future. I recommend trying not to listen too much to the media’s description of the stock markets ups and downs. The media tends to distort conditions in order to grab your attention and keep you coming back for updates.
Hope this helps. Just remember the first sentence.