What changes does GuidedChoice make or recommend making in a downturn?
In a downturn, GuidedChoice advises you not to try and time the market. This is money that you are saving for your future and we have seen many make the mistake of trying to time the market and end up losing. We encourage you to stick with your plan. If we are managing your account, you can rest assured that we will continually rebalance to ensure that you stay appropriately diversified. If we are not managing your account but you are using our advice services only, come back in and we will help you understand what you need to do to rebalance to make sure you are properly diversified. For more about the risk of trying to time the market, please read our blog.