The new war between Israel and Palestinian militant group Hamas has brought more uncertainty to the markets.
While stocks shook off the conflict in Monday afternoon trading, financial experts say investors should stay the course amid elevated volatility risks.
"Stay calm, think long term and look for some bargains," said David Rea, president of Salem Investment Counselors in Winston-Salem, North Carolina, which is No.
If markets do drop, investors focused on retirement and other goals would be wise to hold on, research shows.
A $10,000 investment in the S&P 500 would have grown to $64,844 between Jan. 1, 2003, and Dec. 30, 2022 — a 9.8% return, according to research from JPMorgan Asset Management.
Persons:
David Rea
Organizations:
Hamas, Salem Investment, CNBC, Finance, JPMorgan Asset Management, & $
Locations:
Israel, Palestinian, Salem, Winston, Salem , North Carolina, Russia, Ukraine