We hear all the time from investors beset with worries—The Fed. China. Brexit. The economy. Oil. The election.1 And these are just the highlights. Confronted with these uncertainties, we see anxious investors contemplating abandoning their financial plan and moving entirely to cash. Some even cite this old investment adage—sell in May and go away.
How much easier our lives would be if a coherent investment plan could be summed up in a simplistic rhyme scheme! Fortunately, we know that a well-thought-out saving and investing plan has far more to do with individual investment success than do these macro events.