{"id":33130,"date":"2020-04-16T16:37:20","date_gmt":"2020-04-16T20:37:20","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=33130"},"modified":"2020-04-17T12:21:35","modified_gmt":"2020-04-17T16:21:35","slug":"business-report-5-keys-to-navigating-market-pullback","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/04\/business-report-5-keys-to-navigating-market-pullback\/","title":{"rendered":"Business Report: 5 Keys To Navigating Market Pullback"},"content":{"rendered":"<figure id=\"attachment_33131\" aria-describedby=\"caption-attachment-33131\" style=\"width: 200px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-33131\" src=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2020\/04\/edward-jones-meghan-murray-c.jpg\" alt=\"\" width=\"200\" height=\"300\" \/><figcaption id=\"caption-attachment-33131\" class=\"wp-caption-text\">Meghan Murray is a financial advisor with<br \/>Edward Jones Financial in Queensbury. Courtesy Edward Jones Financial<\/figcaption><\/figure>\n<p class=\"p1\">BY MEGHAN MURRAY<\/p>\n<p class=\"p2\"><span class=\"s1\">As an investor, you constantly want to see your portfolio move just one way \u2013 up. But that\u2019s not possible, because the financial markets will always fluctuate. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">So, if you\u2019re going to invest for many decades, you need to be prepared for many ups and downs. Still, the recent market pullback from record highs, caused largely by the coronavirus, may have you particularly concerned. How can you navigate this environment? <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Here are five suggestions: <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u2022 Avoid the temptation to panic. This pullback, while unsettling and unprecedented because of its speed, won\u2019t last forever. And when it ends, you\u2019ll still want to be invested in the financial markets, because the biggest gains usually occur in the earliest stages of a market rally. Of course, there are no guarantees in the investment world, but we\u2019ve seen many examples of this pullback\/rebound pattern throughout history. <\/span><!--more--><\/p>\n<p class=\"p2\"><span class=\"s1\">\u2022 Measure your progress against your goals. In the midst of a market downturn, it\u2019s tempting to look back longingly at the peak value of your portfolio, and that\u2019s especially true these days, when that high point may well have been just a couple of months ago. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">But this isn\u2019t a good \u201cmeasuring stick\u201d of your financial situation. Instead, consider the overall progress you\u2019ve made toward your long-term goals since you first started investing. If you\u2019ve been at it for quite some time\u2014at least a decade\u2014you\u2019ll probably see that you\u2019ve actually come a long way, despite what\u2019s happened lately. So, if your goals haven\u2019t changed, your strategy to achieve them shouldn\u2019t either. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u2022 Put time on your side. If you are investing for goals that may be two or three decades away, you have the advantage of time to overcome market downturns, even severe ones. After all, you weren\u2019t going to be cashing in long-term investments now, anyway. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">That\u2019s not to say this pullback is irrelevant, of course\u2014it may indeed slow your progress toward your goals, but it still shouldn\u2019t stop you from achieving them. Here\u2019s another point: If you need money from your portfolio for short-term goals, such as a wedding or a long vacation, you should keep those funds in investments that offer greater protection of principal\u2014 such as high-quality bonds and government securities\u2014and are far less susceptible to fluctuating financial markets. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u2022 Benefit from diversification. The headlines show how much the major stock market indexes, such as the Dow Jones Industrial Average, have fallen. But if you\u2019ve built a diversified portfolio, containing a mix of stocks, bonds and other investments, your own results, while not great, are probably much better. Although diversification can\u2019t always prevent losses or guarantee profits, it can help reduce the impact of volatility on your holdings and smooth out returns. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u2022 Go \u201cagainst the crowd.\u201d When prices are falling, it\u2019s not hard to join the crowd and start selling, in an attempt to \u201ccut losses.\u201d But cutting losses really means locking them in. Right now, prices of quality investments are lower than they\u2019ve been in years, which can make for compelling buying opportunities for those investors willing to go against the crowd. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Even by following these moves, you can\u2019t eliminate all the effects of the market drop, but you may be able to create a softer landing for yourself. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BY MEGHAN MURRAY As an investor, you constantly want to see your portfolio move just one way \u2013 up. But that\u2019s not possible, because the financial markets will always fluctuate. So, if you\u2019re going to invest for many decades, you need to be prepared for many ups and downs. Still, the recent market pullback from [&hellip;]<\/p>\n","protected":false},"author":196,"featured_media":33131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Business Report: 5 Keys To Navigating Market Pullback - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/04\/business-report-5-keys-to-navigating-market-pullback\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Business Report: 5 Keys To Navigating Market Pullback - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"BY MEGHAN MURRAY As an investor, you constantly want to see your portfolio move just one way \u2013 up. But that\u2019s not possible, because the financial markets will always fluctuate. So, if you\u2019re going to invest for many decades, you need to be prepared for many ups and downs. Still, the recent market pullback from [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/04\/business-report-5-keys-to-navigating-market-pullback\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Glens Falls Business Journal\" \/>\r\n<meta property=\"article:published_time\" content=\"2020-04-16T20:37:20+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2020-04-17T16:21:35+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2020\/04\/edward-jones-meghan-murray-c.jpg\" \/>\r\n\t<meta property=\"og:image:width\" content=\"200\" \/>\r\n\t<meta property=\"og:image:height\" content=\"300\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\r\n<meta name=\"author\" content=\"jessewinters\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"jessewinters\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/04\/business-report-5-keys-to-navigating-market-pullback\/\",\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/04\/business-report-5-keys-to-navigating-market-pullback\/\",\"name\":\"Business Report: 5 Keys To Navigating Market Pullback - Glens Falls Business Journal\",\"isPartOf\":{\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website\"},\"datePublished\":\"2020-04-16T20:37:20+00:00\",\"dateModified\":\"2020-04-17T16:21:35+00:00\",\"author\":{\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/b937a48daf87d7a8bd713a73b5d6a1ae\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/04\/business-report-5-keys-to-navigating-market-pullback\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/04\/business-report-5-keys-to-navigating-market-pullback\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/04\/business-report-5-keys-to-navigating-market-pullback\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business Report: 5 Keys To Navigating Market Pullback\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#website\",\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/\",\"name\":\"Glens Falls Business Journal\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/b937a48daf87d7a8bd713a73b5d6a1ae\",\"name\":\"jessewinters\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b496e0843f9d888b12500994b6a8562b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b496e0843f9d888b12500994b6a8562b?s=96&d=mm&r=g\",\"caption\":\"jessewinters\"},\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/author\/jessewinters\/\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Business Report: 5 Keys To Navigating Market Pullback - Glens Falls Business Journal","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2020\/04\/business-report-5-keys-to-navigating-market-pullback\/","og_locale":"en_US","og_type":"article","og_title":"Business Report: 5 Keys To Navigating Market Pullback - Glens Falls Business Journal","og_description":"BY MEGHAN MURRAY As an investor, you constantly want to see your portfolio move just one way \u2013 up. 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