Market Environment

I wrote this article so you can get a sense of what is going on in the market.  There are a lot of factors coming into play in the economy, ranging from rising interest rates and inflation, just to name a couple.  Hidden within all of the commotion lies one important thing…the psychology behind the way we view the markets.  Behavioral finance, simply put, is what fuels our minds to make quick decisions without fully understanding the outcomes.  Sometimes we let our emotions get the best of us.  I mean come on we are human!  

I believe times like these are extremely crucial.  You’ve probably heard the phrase, buy low, sell high.  It’s quite the opposite of what our brain wants us to do which is buy high when the market is doing awesome and sell when the market is tumbling.  Point being, we have to put our emotions aside to some extent.  We have gotten used to a positive market over the years, but in reality the market is meant to fluctuate.  Our goal is to seek growth and to minimize risk in the long term.  To get to that, we have to go through the trials and tribulations of what we call “the market.”

To discuss further, please contact me at (336) 413-6854, or by email at melissa@millerswealth.com.