Don't Fear Your Investment Plan

Occasional outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics is equally unpredictable, both as to duration and degree. Therefore we never try to anticipate the arrival or departure of either. We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

— Warren Buffett

Legendary investor Warren Buffett built his multi-billion dollar fortune playing on peoples' fear and greed. Though on the surface that may seem wrong, allow us to explain: When the markets are dropping and everyone is running for the hills, smart investors like Buffett see opportunity.

Conversely, when prices are flying high and everyone is euphoric and optimistic about the markets, we try to heed Buffett's warnings and not pay too high a price for little value.

Whether you have 4 weeks or 40 years to retirement, you have a long investing career ahead of you. Because of that, you should welcome and look to profit from drops in the markets. In addition, when everyone is happy and things seem rosy, you should be cautious in your investing.

Don't fear your investment adviser

Not sure exactly what is going on? Want to sift through the noise and news? You should feel comfortable talking to your investment adviser. That's precisely why we have personal relationships with our clients and why we like to have a team approach to your portfolio.

At The Meridian Business Group, you can relax knowing that a number of people are working with your adviser to create, monitor, and adjust your portfolio for the long-term. Not sure how that works? Contact us and we'll walk you through it.