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Heres a look at the long-term financial planning strategies that can help youthrive amid market volatility.
Diversification isnt just smart, Taylor added.
Thats where dollar-cost averaging comes in.
Over time, this helps reduce the emotional rollercoaster and can lead to a lower average cost per share.
Life changes, so your investment strategy should, too, Taylor said.
Bottom Line
Especially in todays economic climate, its normal tofeel uneasy about your finances.
But having a plan and sticking to time-tested strategies can help you stay grounded and confident.
In uncertain markets, certainty becomes one of your most valuable assets, Taylor said.
Its not just about riding the waves its about building a boat that can handle the storm.
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