The stock market had a really bad day today. We were down almost 2% today and have dropped about 6% from our all time high that we hit a couple weeks ago. When you watch financial news, they make this seem like it is absolutely SHOCKING and the world is about to end.

Stock market crashes and volatility are part of investing. If you want zero volatility, you can put your money in a savings account and barely be able to keep up with inflation. But if you want to build wealth over the long term, we accept the volatility in the short term and are rewarded handsomely with a MUCH higher rate of return. You can only get high returns in exchange for accepting volatility.

Are we at the beginning of a huge market drop? We have no idea. No one knows that answer (despite a lot of people confidently pretending to).

But we do know that buying and holding index funds guarantees you your fair share of all economic growth. Buying assets, like stocks, that provide dividends and go up in value result in compound growth that will lead to epic wealth creation over time. Stay the course.

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.‎

-Vivi & Shane