Bull Market Leaving Some Behind

Daniel Thornton July 24th, 2023

Market timing is exhausting — and sometimes, it can be expensive. When you time the markets, you have to be right twice: first when getting out and second when getting back in.

In the accompanying chart, you can see individual investors remain mostly “out” despite the stock market’s 2023 rally.1

While the chart shows individuals are becoming more upbeat about stock prices in recent months, there’s still much skepticism. After all, it can be challenging to break from a bearish mindset if you’ve been in that camp for a while.

With investing, it’s critical to “tune out the noise” and focus on what you can control. Having a strategy aligned with your goals, time horizon, and risk tolerance is critical, and it can help you stay focused when market sentiment turns negative.

I can promise plenty of unsettling headlines in the months ahead. The bears will have plenty of reasons to stay on the sidelines if they are looking for one.

1Stocks are represented by the S&P 500 Composite Index, which is an unmanaged index that is considered representative of the overall U.S. stock market.

Read More By Daniel Thornton

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security. Investment advisory services are offered through Concord Wealth Partners, an SEC Registered Investment Advisor.

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