HOUSTON – The stock market hit correction territory last week.
Trevor Shakiba, private wealth advisor with Ameriprise Financial, explains what that means for investors and their financial portfolios.
“Yeah, we have uncertainty right now, up and down, but no reason to panic,” Shakiba said.
He credits the recent market fluctuation to rising interest rates, trade issues with China and the upcoming mid-term elections.
Shakiba recommends investors remove the emotion, stay the course and look ahead to long-term goals.
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