Why long-term investors shouldn't get 'drowned' in market noise

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Federal Reserve meeting minutes are due out today at 2:00 p.m. ET, followed by the CPI data release on Thursday. These events could spark market volatility, raising questions about investor strategies during uncertain times. Bel Air Investment Advisors partner Kevin Philip joins Wealth! to discuss his market outlook amid this uncertainty.

Philip emphasizes the importance for long-term investors to maintain "a long-term perspective" and not get "drowned by the abundant noise." Instead, he advises investors to clearly understand their goals and financial circumstances "and plan accordingly with your investments."

Regarding specific investment strategies, Philip favors growth stocks over value. He outlines his recommended approach to Yahoo Finance: "I would keep a core of S&P 500 (^GSPC) US large-cap companies, I'd satellite that with technology companies using the Nasdaq (^IXIC) or the Vanguard (VUG) large cap growth. You'd have some small cap and midcap to try and get those sweet spots of accelerating growth from small companies. And you may want to include some non-dollar denominating exposure to a smaller degree with international stocks."

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Angel Smith

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