Stock Hype: Should I Invest?

March 5, 2021

Long-Term Goals Need Long-Term Plans

A Message from The Summit Retirement and Investment Services

Three Young Meme Stock Investors

Recently, the world has watched with great interest as a few companies have seen surprising rallies in their stock prices. You may have read stories of individual investors gaining massive returns on their investments, thanks to this phenomenon. However, many of these same assets have quickly suffered steep declines following their initial boost.1

During times like these, it can be tempting to pile into an asset that has seen such rapid growth. The excitement of the moment or the fear of missing out can cause even the savviest investor to act when they usually wouldn’t.

But what matters is what you do next. Right now, perhaps the best thing for your long-term future is to remove emotion from the equation. The Summit Retirement and Investment Services crafts your investment strategy to help pursue your long-term goals, regardless of what markets do in the short term.

Volatile markets can be unnerving, but you’re always welcome to give Summit Retirement and Investment Services a call with your questions. Rest assured, we’re keeping a close eye on the markets, and most importantly, watching for any new long-term trends that may emerge.

1., February 1, 2021

The Summit Retirement & Investment Services Professionals are registered representatives of CUNA Brokerage Services, Inc. Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, which is not an affiliate of the credit union. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc. is a registered broker/dealer in all fifty States of the United States of America.