As an investor, you might be somewhat uneasy these days, given the lingering effects of the pandemic, the situation in Ukraine, the impact of inflation and the rise in interest rates. How should you respond?
You might want to get some help. More than three-fourths of investors who work with a financial advisor are confident they know how the economy affects their financial situation, according to a recent survey from Morning Consult, a research and data analysis company. The same survey found that only about half of the adults in the general population have this confidence.
When you work with a financial professional, you’ll get guidance that can help you avoid making decisions driven primarily by emotions – which can often be the wrong ones.
Furthermore, a financial professional can help you put your investment results in context. Instead of focusing on short-term results, you should be looking at your portfolio’s long-term performance to see if it’s still on track toward helping you meet your goals.
Most important of all, a financial professional can provide you with a feeling of control over your future. And in an uncertain world, that’s a good feeling to have.
This content was provided by Edward Jones for use by Daniel Pellerin, your Edward Jones financial advisor at 189 East Main Street Suite G, in Newport, (802) 334-6261.