Zack Shepard, vice president of communications at Matson Money, Inc., spoke with Neil Cavuto on Fox Business News about the market’s unimpressive first quarter in April 2014. Holding true to his beliefs and real world experience as a financial investor and coach, he told viewers that an unimpressive first quarter is not unprecedented.
It has happened before, it’s happening now, and it will happen in the future. But despite this trend, the market, as history shows, tends to triumph in the long run.
At the beginning of the segment, Cavuto shows the year-to-date percentage losses/gains of major markets including Dow Jones, Standard & Poor’s, and Nasdaq. According to Fox Business News, the loss/gains were -1%, 1%, and 1%, respectively.
Categorical year-to-date gains and losses of the first quarter included:
- Energy sector – 0.95%
- Technology sector – 1.1%
- Financial sector – 0.86%
- Healthcare – 5.23%
- Utilities sector – 2.94%
When Shepard was asked what he made of the market’s first quarter and the future, he said he looked at the matter historically. In his research, he found no correlation between first quarter market activity and market activity in future quarters.
Yet Cavuto asked: “What does the rest of the year look like as a result of the opening quarter?”
“I think investors should be looking out further than the rest of the year,” said Shepard. “I think investors should be looking for a lifetime. And for me, I think investors are looking at fear right now.
“My advice to them is to feel the fear and invest anyway.”
Invest long-term. Invest in equities. And invest in capitalism to seek your American dream.