Looking For the Right Time to Get Back Into the Market?
Author: Sound Choices
July 27, 2020
Waiting on the sidelines can cost you – maybe more than you realize
The “flight to safety” has resulted in an estimated US$5 trillion is sitting in cash or money market accounts1 – and that’s just the U.S. numbers.
The chart below helps to put that into perspective:
- The previous three months set a record for the largest three-month change ever1
- The amount sitting on the sidelines exceeds that of the Great Financial Crisis of 2008-91
It’s time in the markets – not market timing – that matters.
We understand that when market volatility occurs, it may be tempting to pull your money out of the market.
But consider that just missing the top 10 days over the 20-year period cut your investment value in half – from US$32,402 to US$16,170.
Watching markets go up and down can be trying. Staying focused on the long term rewards investors. If you’re concerned about market volatility, contact your financial advisor.
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.
For further information, please visit AGF.com.
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