Updated: May 25
What to know about shifting market attention, and investor burnout.
Provided by Robert Warther, Warther Private Wealth
It can be exhausting trying to keep up with the whims of Wall Street.
Lately, the financial markets have been fixated on federal taxes and what may be proposed on Capitol Hill in the weeks and months ahead.
Wall Street’s focus on taxes closely follows its attention on the 10-year Treasury yield. And it wasn’t that long ago that the financial markets were influenced by reopening and vaccine distribution statistics.
What’s Wall Street’s next whim? Some might say inflation. Others might say earnings will provide the next narrative.
One thing is certain: keeping up with Wall Street's roaming eye will wear out even the most seasoned investor.
As Warren Buffett once said, “The stock market is designed to transfer money from the active to the patient.”
Investors need to understand that it’s not about the daily events that influence Wall Street. It’s about whether you are pursuing your financial goals based on your time horizon and risk tolerance. How the financial markets perform from week-or-week or month-to-month should be of some interest but perhaps not an overriding concern.
If something has changed with your financial goals, or if your time horizon has shifted, please reach out to discuss your situation. Staying focused on what’s important to you is the most crucial thing we do.
Robert Warther may be reached (239) 276-7939 or firstname.lastname@example.org.
Investing involves risks, and investment decisions should be based on your own goals, time horizon, and risk tolerance. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost.
This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note - investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.
Securities offered through Independence Capital Company, Member FINRA/SIPC, a registered broker-dealer. Investment Advisory services offered through Warther Private Wealth, LLC, a Registered Investment Advisor ("RIA"), registered in the State of Ohio. Independence Capital Company, Inc and Warther Private Wealth are not affiliated. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. The information contained herein is based on sources we believe reliable but is not considered all-inclusive. Past performance is no guarantee of future results. Please contact your Financial Advisor with information regarding specific investments. Opinions are our current opinions only and are subject to change without notice. Generally, investments are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE.
1. CNBC.com, April 9, 2021
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