Staying the Course Pays Off
There is a saying in our business that “the stock market is the only market in the world that when everything goes on sale, everyone runs for the doors.” The saying speaks to the natural reaction that many people have to turmoil in the markets. At Anchor Investment Management, we try to help our clients stay focused on their long-term goals and not short-term news cycles. This quarter has been a textbook example of how our long-term outlook helps our clients.
April 2 marked a sharp drop in markets, coinciding with the administration’s announcement of the most sweeping tariff hikes in recent memory. It felt like bad news everywhere you looked — and the headlines were full of reasons to sell. But if you had done that, you would have locked in losses and missed one of the strongest rebounds of the last few years. Since the lows on April 7, the S&P 500 is up nearly 25%, the NASDAQ over 32% and the Dow has fully recovered. Investors who stayed invested not only avoided selling at the bottom, they captured the gains from the bounce back.
As an investor, you want to walk in when others walk out. We aim to help you do that.
