For his part, Ron Carson, founder and CEO of Carson Wealth Management Group, advises a “gut check” for client in times of market volatility. If anything has changed in the financial picture — e.g., longer or shorter working hours, inheritances received or forfeited — “we need to come in, … rerun your numbers, making sure you’re appropriately invested for what it is you’re trying to accomplish,” he said.
That’s action investors can control, which means that “this noise and this short-term [turmoil] in the market really will have little impact,” said Carson.
Read the full article: