In this video, Michael McGovern explains how the stock market is driven by emotion and how it’s common for the stock market to react negatively to a news event. We can watch as it drops, but then recovers over time (it looks like a big V on your investment chart). Michael advises his clients to not let emotions and headlines drive your decision-making, but rather recognize the ebbs and flows of the market and identify the long-term value in your investments.
 
Additionally, this video gives strategies for stock market success, like having a long-term plan that you can ride out and focusing on what you can control. It's important to ask yourself; how much risk are you willing to take with your investments? Then, sit down with an advisor to set up a good plan, leave it alone and review it with your advisor regularly.
 
 
 
 
 
 
 
 
 
 
 

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