Set Your TV on December 23, 2018 For Sunday Morning Weekend Today in Central NY on NBC 3

ARE YOU A WHITE KNUCKLE INVESTOR?

• Bear Market/Correction how do you know the difference?
• Bear markets occur when the market is down 20% or more from its high; corrections occur when the market is down 10% or more.
• Many stocks are currently in bear market territory. However, some stocks, such as utilities, are holding up better than others in part because of the dividend.

ARE YOU A WHITE KNUCKLE TRAVELER?

• An analogy to the white knuckle investor can be seen by individuals who are terrified of flying.
• I am! I do fly a lot but I am always anxious.
• As soon as the plane begins to take off, are you holding tight? I am. I can’t wait until the bells go off letting me know we have reached 10,000 feet.
• How about the turbulence? The flight attendants have to be seated and the plane is bouncing at 36,000 feet. WHITE KNUCKLE!
  
  
  
• The experience is nerve wracking, but the pilot lands you safely.
• The mistake some investors make is that they exit the market during the turbulence and depending upon their alternative investment strategy they often never makeup their losses.
• If you have a solid portfolio with good investments and are diversified, you probably can weather the storm. Perhaps seek out a professional who can help you evaluate your investments.