Below is a piece produced by TD for investor education which I have found quite compelling as it relates to putting market corrections into perspective. The chart shows periods of time during which the markets did a significant downward correction and the corresponding 1, 5, and 10-year time periods following such corrections. It really speaks to the notion that a patient and prudent investment approach is rewarding. The chart below is of the 100% stock index, the TSX300. That index is much more aggressive than most of our clients’ moderate balanced portfolios, but the example still applies. Have a look at the following period of market corrections and subsequent market recoveries:
Thank-you for Your Trust and Confidence
As our firm’s nears its third decade serving the needs of clients just like you, I can attest that I’m impressed at the measured composure with which you endure the tougher times in the markets. We appreciate this very much. Our team works diligently to offer you the best levels of financial advisory and administrative services in the marketplace. We invest heavily in our human resources, education, and technology and trust that our efforts are yielding the results you’re looking for. The many referrals you’re constantly providing are a testament to our strong relationship and we are sincerely grateful. As always, our doors are open for anything you need so don’t hesitate to reach out. Have a lovely start to the summer with your families and friends!