It’s been over a year since the bottom dropped out of the stock market during the midst of the coronavirus crisis. At Flourish, we encouraged our clients to stay in the market and focus on the long-term throughout the turmoil. However, not all investors were able to withstand the emotional, psychological, and financial strain of watching account balances drop on a near-daily basis. As a result, many people sold when the market was on its way down, or even at the bottom. The question then becomes, when is it wise to get back in?
In this episode, Jay Pluimer shares his perspective about why now is a good time to reinvest in the market, based on both historical trends and current data.
Check back next week for more Flourish Insights with Jay Pluimer and don’t forget to check out our insights blog at https://www.flourishinsights.com
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