Investment Specialist Says Stock Market Dip: “Nothing to Worry About”

stock marketThe Stock Market took a major dip earlier in the week, but are back on the rise, with the DOW up roughly 1,000 after two days.

F&M Bank Vice President and Investment Specialist Tom Dunker says part of the issue is having constant access to numbers fluctuating with today’s technology.

Dunker tells Galesburg’s Morning News on WGIL that if major losses cause emotional distress, that may be a sign of too high of a risk.

“It isn’t something you need to monitor everyday,” says Dunker. “If you have a tough reaction to these losses, then you might have too much risk. The good news is, we’ve had a strong run for five years and that pulled a lot of people back into the market when maybe they shouldn’t have been, but they didn’t get in because they wanted more risk, they got in because they didn’t want to miss out on gains–well you also take more risk when you do that. If you’ve had a strong reaction to the loss, then it is time to have a conversation with your adviser.”

Dunker says it’s natural to overreact when you see a major drop, but it shouldn’t be part of your investment decisions.

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