Capital markets have floundered so far this year. The Nasdaq Composite is in a correction (down 14.3% as of early February 2022 from its most recent peak), and with the S&P 500 and Dow Jones Industrial Average down as well, many investors believe that a broader market correction is looming. 

It remains to be seen whether a true market correction is on the horizon for 2022, but even if one does occur, it’s important for investors to think about the big picture. Too often, investors make short-sighted decisions in response to market volatility, and those decisions can significantly impact their long-term financial strategies. This article from Kiplinger makes a compelling argument to explain why investors shouldn’t panic about market corrections.

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As discussed in our recent webinar with guest speaker Liz Ann Sonders of Charles Schwab and HC’s Chief Investment Officer, Vanessa Wieliczko, we expect diversification and stock selection to continue to provide opportunities in 2022. We encourage clients to have conversations with their Advisors regarding current allocations relative to long-term strategic targets.

As always, we appreciate your confidence and support as we seek to build portfolios for the long run. If you or someone you know would benefit from speaking with a HoyleCohen Advisor, we encourage you to reach out.

This article was written by Kiplinger, an entity unrelated to HoyleCohen, LLC. The information herein is intended for educational purposes and has been selected by HoyleCohen due to the timeliness of the subject matter.