Transcript:
This is Money Talks with Chad Olivier, sponsored by Olivier Group.
Hi. I’m Chad Olivier, certified financial planner and CEO with Olivier Group. Market volatility has been shaking things up, and it’s natural to feel a little nervous. But here’s a powerful reminder.
If you miss just the ten best days in the market each year, you’ll miss out on most of the gains. And here’s the kicker. The best and worst days tend to happen back to back. If you sell after a big drop, you’re likely missing the rebound that follows.
Let’s put this in perspective. In twenty twenty three, the market gained over twenty three percent. But if you missed the ten best days, your return plummeted to less than four percent.
Since two thousand, the market has averaged nine point five percent per year. But if you sat out those ten crucial days each year, the return drops to a negative twelve point five percent. That’s a twenty percent difference just from being on the sidelines.
The takeaway? Volatility can be uncomfortable, but staying invested is the key to long term success. Visit our website at Olivier Group dot com, and let us show you how we can help. And that’s why money talks, but planning pays.
This has been money talks with Chad Olivier.
