Remember when the “pundits” were forecasting at the end of 2016 that the closing value for the S&P wouldn’t rise above 2,500? The prevailing sentiment was certainly negative. In fact, just 1 of 10 Wall Street equity strategists polled by Barron’s on 12/17/16 forecasted a year-end 2017 closing value for the S&P 500 above 2,500. And then, as it turned out, the S&P 500 index closed the year well above 2,600.
Tune in to this week’s episode of The Money Guy Show as we discuss the sport of timing the market and what investors need to keep in mind. While we may enjoy speculating about what could happen, it’s important to remember that no one can predict the future, and that includes the financial future.
Find out just how harmful it can be to investors when investment advisors and media personalities peddle predictions. Learn why your investment decisions should instead be based on your individual circumstance, risk management, as well as on valuations of asset classes and companies.
Investing the right way to achieve your financial goals isn’t accomplished by following media hype but understanding that staying in the market long-term is what helps you become successful.
Tune In and Go Beyond Common Sense with the Money Guys
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