Market volatility is normal


Don't let short-term market events drive long-term investment decisions.

While market volatility can be unsettling for many investors, market fluctuations have taken place at different times over the past several decades. While remaining invested during these periods can be challenging, the ability to stay the course may have a significant impact on long-term returns. Fortunately, you don't have to do it alone.

Over time, the market has grown through challenging events*

Line chart shows how the S and P 500 Index has performed over the past 30+ years, despite historical events that negatively impacted the market. Events referenced include Black Monday in 1987, the U.S. Savings & Loan Crisis in 1990, the Persian Gulf War in 1991, the Dot‐Com Bubble in the early 2000's, 9/11, the Iraq War in 2003, the Global Financial crisis beginning in 2008, Sovereign Debt Crisis beginning in 2011, Greece's bankruptcy, the Fiscal Cliff in 2014, Brexit in 2016, COVID‐19 in 2020 and the Invasion of Ukraine in 2022. This shows how stocks have often recovered after periods of market volatility and have risen over the long‐term.

We believe that patient investors are often rewarded when they stick with their investment strategy. By staying invested through periods of market volatility, investors have ultimately seen their portfolios grow over the long term.