In Markets, Changing Lanes May Not Help You Get Ahead

The analogy of changing lanes in traffic with the timing the stock market has many similarities. Most important, you can never get to your destination unless you start. Have a plan with thoughtful directions on how to best get to your desired destination. Use the latest in technology and knowledge partners to held in your journey. But even the best of plans cannot foresee everything that might happen on the road ahead.

When markets are rough or the path ahead slows, it’s tempting to want to make a quick change. But much like changing lanes in traffic, impulsive moves can add anxiety and risk with no guarantee you’ll benefit. That’s when it is nice to rely on your team of trusted advisors or guides.