DirectAdvisors was pleased to welcome Chad Kilhefner from Vanguard to our latest installment of our video podcast series. Chad is a Regional Director from Vanguard’s Retirement Plan Access Division, and joined Jeff Ricchiuti, Chief Investment Officer from DirectAdvisors, in a discussion on what to do when markets drop 20%.
Stock market drops of 20% or more are an unfortunate fact of life for investors, and can be expected to happen once or twice a decade. If you sell when prices are falling, you may miss out on a recovery. Since no one knows when the recovery will start, or how long it will take for the market to bounce back, it is important to stay the course.
To watch the full video podcast, please click on the link below:
If you have any questions on volatility in your account, please reach out to us at [email protected] or 518-362-2119.