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In today’s fast-paced media coverage of the Trump administration's policies, investors need to manage their emotional responses to the constant flow of information and shifts in the market (^DJI, ^IXIC, ^GSPC).
Sincerus Advisory managing partner Dann Ryan joins Wealth, where he suggests dialing back on media consumption to avoid being overwhelmed.
"Maybe if there's an article and you don't have time to read it, don't read the headline because there is an emotional component to that, that you're carrying around with you through the day," Ryan advises.
Ryan also stresses the importance of staying grounded when making portfolio decisions and adjustments, encouraging investors to "turn off the notifications on your phone — which is a horrible way to consume content — and take some time to defy your world a little bit so that when you're making those decisions, you're really grounded in having the complete data set in front of you."
Additionally, he acknowledges that market pullbacks are inevitable, but urges a long-term perspective. Ryan highlights sectors such as financials (XLF), utilities (XLU), and healthcare (XLV), while also reflecting on Big Tech's "mid-life crisis" the landscape is going through.
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This post as written by Josh Lynch