With the recent volatility in the stock markets and the often referenced historical stock market drops in that occurred in October, 1987 and October, 2008, I thought perhaps this just might be the time to share some fundamental guidance for investing.  Here are 5 timeless principles for investing success:

1. Think Diversification -  Remember the saying, “Don’t put all your eggs in on basket”.   Allocating capital across a range of investment classes helps to balance risk in a portfolio.  
2. Manage Emotion - Being mindful of the emotional roller coaster and staying committed to the long-term plan can help you stay on track.
3. Stay Invested - During times of volatility, markets can experience quite large swings.  Trying to time the market will likely negatively impact long-term returns.  Often by the time you decide to sell the damage has been done and similarly, when you go to reinvest, by the time you feel comfortable to make the reinvestment, a lot of the recovery has occurred.
4. Long-Term Focus - Adopting a long-term perspective can help investors stay the course when markets move from crisis to opportunity and back again
5. Dollar Cost Averaging - Dollar-cost averaging is investing smaller amounts consistently every month or every quarter.  This is a disciplined approach to investing.

Incorporating these principles into your financial planning can contribute to your meeting your financial objectives.  If you haven't got a financial plan and want to get started onto the path of financial wellness OR if you want your current financial plan reviewed, please go to  https://marilynjoyal.ca/contact and let's get started!