I’m a financial advisor and my wealthy clients are worried. Here are 4 tips I’m giving them right now.
From Yahoo Finance: 2025-04-09 13:05:00
Kelsey Wilson, a financial advisor in LA, works with clients who invest $500,000 or more, emphasizing long-term planning, staying calm during market volatility, maintaining emergency funds, and avoiding impulsive investment decisions. Wilson runs BlackLines Financial, working with business owners and high-net-worth clients in entertainment and tech, offering personalized financial plans. Since the stock market declined on April 3 and 4, Wilson advises clients to stick to their investment plans, consider their time horizon, and avoid panic selling during market volatility. It’s important to maintain emergency funds, hold onto short-term goals, and strategically invest during market downturns. Overall, Wilson urges clients to stay calm and avoid impulsive decisions during turbulent market times.
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