A Sturgeon Bay financial advisor says the volatile stock market the past month is a good reminder to always plan for the long haul when it comes to investments. The Dow Jones experienced another wild session Thursday before closing up 469.93 points, finishing at 21,413.44. Casey St. Henry from Thrivent Financial says no matter what the stock market is doing, a good rule of thumb is to invest long term.
Experts say the market correction is continuing as the Labor Department announced that unemployment claims jumped to 6.6 million last week. St. Henry adds that before investing in the stock market or your portfolio, you should work with a professional financial advisor in developing retirement strategies and goals.