Economic & Market Update - Terry Bailey, LPL Investment Services
Terry Baily is a financial advisor for LPL Investment Services. He graduated from Michigan State University with a degree in finance and has great experience in advising clients on securing their future financially. In his presentation, Terry made two main points: (1) Investors need to be focused on the long term. The market is volatile with many ups and downs. Individual investors tend to panic when the market turns down; and (2) Everyone needs to understand inflation and why it is not typically something to worry about for investors. As the following slide shows, the issues are complex, but can be managed by following Terry's two main points.
Click here to access this issue of Meeting Highlights with announcements, the video of Terry's presentation, and his slides.