Best Investing Approach: Have a Plan, and Stick To It
There are many things that can affect the performance of the financial markets – and you as an individual investor can control virtually none of those things. For example, recently the markets have been reacting to slower-than-hoped progress controlling COVID-19 infections and the effect of that on the economy, including lackluster U.S. employment numbers and disruptions to the supply chain. There also has been uncertainty about increasing the debt ceiling and passage of an economic plan, as well as rising gas prices and the effect on family budgets and the movement of supplies. There are some things you as an individual might be able to do about these issues: Take COVID-19 precautions, reach out to your government officials, ramp up hiring if you have a business.
