January has been a very turbulent month in the markets. After a year of relative consistency and very low interest rates, it is easy to feel the shock of a 9-percent decline to start the year. However, it is important to note that we are now sitting around where we were in October 2021. Although the market has taken back the gains that we experienced from the end of last year, the story of the market this year is not all doom and gloom.
In this video, RFG Advisory CIO Rick Wedell dives into why we believe that trying to time the market in turbulent times might not be the best idea.
“Trying to time the market amidst volatility is like trying to catch a falling knife. It’s amazing when you get it right, but it hurts very badly when you don’t”
This commentary was filmed on January 25th, 2022.
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RFG Advisory is an innovator in the wealth management industry that serves independent financial advisors and their clients. Founded in 2003, RFG Advisory provides advisors with a turn-key platform to maximize independence, including cutting-edge technology, institutional-caliber investment management, marketing, compliance, business consulting, and operational support. We strive for excellence because Your Future is Our Priority!
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