Joe Diamond photo

Joe Diamond, CPA, CFP®, EA, MST


Diamond Financial Corporation

4256 North Arlington Heights Road, Suite 204

Arlington Heights, IL 60004


Phone: 847-884-8500




November/December 2020

Dealing with Uncertainty

Dealing with Uncertainty

Knowing that market volatility is inevitable is one thing, but when it actually happens, remaining calm and staying focused on the long term is a different thing. That’s when it makes sense to revisit these basic long-term investing principles:

Don’t Panic
Do not get too excited when the market is high, and don’t get too discouraged when it drops. Resist the urge to overcorrect. Selling in a panic means you’ll have less invested in the future to generate dividends or participate in any potential recovery.

Stay Invested
Even the experts cannot predict when markets may turn. Trying to “time the market” usually leads to poor decisions.

Stick to Your Strategy
When a sailor encounters rough seas, he will keep a steady hand on the tiller and his eyes on the horizon. In investing, the equivalent is to maintain a good, balanced mix of assets aligned with your needs, goals, time horizon and risk tolerance.

Your financial professional can help ensure that your portfolio includes a healthy mix of investments that align with your personal situation. By owning a diverse variety of assets, you may be able to create a portfolio that is somewhat shock resistant.

Market fluctuations can throw the mix of investments out of line with your objectives. A big market drop can also offer the chance to add investments at sale prices.

Be Patient
While nothing in life is guaranteed, history shows us that major stock market declines are historically followed by recoveries to new highs. Sometimes it takes weeks, and sometimes it takes years. But every major bear market so far, through 2019, eventually recovered and reached new highs.**

*Diversification cannot eliminate the risk of investment losses. Past performance won’t guarantee future results. An investment in stocks or mutual funds can result in a loss of principal.

** what-prior-market-crashes-can-teach-us-in-2020


Enter your Name and Email address to get
the newsletter delivered to your inbox.

Please include name of person that directed you to my online newsletter so I can thank them personally.


Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

Advisory Services offered through Diamond Financial Corporation, Registered Investment Advisor. Custodial Services provided by TD Ameritrade. Member FINRA/SIPC/MSRB.
Tax Preparation provided by Diamond Financial Corporation.
Diamond Financial Corporation and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.