Taking care of your financial peace of mind
Market corrections can come out of nowhere. Investors generally felt optimistic when 2022 began, following a banner year of equity mutual fund performance. In the U.S., the S&P 500 Index reached record highs in 2021, and at home the S&P/TSX Composite Index posted a 25.1% total return. But markets turned volatile in the early months of 2022 and when the correction struck during spring, investors saw their portfolio value drop.
It’s perfectly normal to feel anxious when your investments lose value, but there are ways to look at the situation that can help you stay calm.
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