The stock market witnessed a remarkable turnaround last week, with a series of unexpected events that left many traders reeling and, in some cases, reevaluating their positions. In this post, we’ll take a closer look at the recent stock market activity and what it means for investors.
As the year began with grim predictions and market uncertainties, investors faced a tough choice: selling assets and holding onto cash or jumping into stocks. Fear of significant financial losses during turbulent times is entirely understandable. However, there’s a prudent and reliable investment strategy that can help our clients sail through these challenging waters: dollar cost averaging (DCA).