Investment Advisor Matt Golab Discusses Investors and Those Fleeing the Market?

Matt Golab Investment Advisor and Founder of Aaron Matthews Financial Resources discusses the recent stock market moves and investors choosing to flee the market.
 
Oct. 1, 2013 - PRLog -- Matt Golab, Founder and Chief Advisor at Aaron Matthews Financial Resources recently discussed the recent stock market moves and investors choosing to flee the market. Matt goes on to say, "since June the market has not been good for many investors emotions and account balances."

Matt sites a recent August article from Investment News Titled "Investors flee U.S. stocks at fastest pace since 2008"


Mr. Golab continues, "It appears that investors are running for the exits in numbers we haven't seen since 2008."

Direct from the Investment News article:

Domestic stock funds last week suffered their worst week since before the financial crisis as investors’ fears over the Federal Reserve (http://topics.investmentnews.com/companies-and-associations/federal-reserve.htm)‘s plan to cut its asset- purchasing program spread to stocks.

More than $14 billion was pulled out of U.S. stock funds this week, the most in a single week since June 2008, according to Bank of America Merrill Lynch (http://topics.investmentnews.com/companies-and-associatio...).


Matt asks the questions "What is happening and is this the correct response?"

Mr. Golab speculates, "The average consumer saver investor understands that when the Fed stops flooding the market and the world with cheap money the markets value could drop heavily. Since June the Fed has been telling us to get ready and the markets are trying to get some clarity of what the size of the printing pull back will be. Investors appear to be taking profits ahead of a possible drop, a drop the y fear could look a lot like 2008. However, many are asking if this is the correct response since the Fed has said very little as far as details or the speed of tapering.

Matt goes on, "My future vision is very cloudy but what I've seen is consumers taking profits, that makes sense. Those who are running to cash out of fear without education or weighing pros and cons could be hurting themselves or their account balances. But there is truth to the idea that selling at a profit keeps a profit."

In June 2013, Matt Golab’s book, Victory: The World's Leading Experts Reveal Their Secrets for Winning in Health, Wealth, & Success in the New Economy, co-authored with best-selling author and speaker, Tom Hopkins, reached best-seller status in four Amazon.com categories.

Matt is frequently featured in The Wall Street Journal, CNBC, MSN Money, The San Francisco Chronicle, Newsweek, TheSmartRetiree, Burlington County Times as well as ABC, CBS, Fox, NBC and USA Today.

Matt emphatically states his mission, “I want to change the way Americans view their retirement. They can succeed (stay retired) regardless of what happens in the market". Contact information for Matt is available at his website,

http://www.aaronmatthewsfinancial.com/
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Tags:Matt Golab, Retirement, Stock Market, Aaron Matthews, Elk Grove
Industry:Banking, Financial
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