Invest with Your Head, Not with the Headlines - AskPrimerica.com (2024)

Invest with Your Head, Not with the Headlines - AskPrimerica.com (1)

The financial markets have experienced significant volatility due to concerns over the spread of the Coronavirus. Due to the unknown impact it may have on global supply chains and economies, market jitters have been the result of this uncertainty. While the medical community and government entities such as the Center for Disease Control and Prevention (CDC) and the National Institutes of Health (NIH) are working to prevent the spread of the virus and developing potential vaccines, we don’t know when, or how, the situation might change for the better. Because of this uncertainty in the markets, the markets have been negatively impacted. It is important to remember that market volatility during times of crisis is normal.

History is a great reminder to invest with your head and not with the headlines. While there have been plenty of reasons not to invest in the stock market over the years, for the long-term investors, the results have generally been positive over time. A good way to keep your focus on your goals is to remember the three “Ds” of investing: Dollar-Cost Averaging, Discipline,and Diversification.

DOLLAR-COST AVERAGING

Investing a fixed amount at regular intervals eliminates having to predict when to invest as you will be able to take advantage of the market highs and lows — by purchasing fewer units when the prices are high and more units when prices are low. This helps you to reduce the dramatic impact of market swings and enable yourself to build wealth over the long term. Dollar-cost averaging cannot assure a profit or protect against loss in declining markets. Since dollar- cost averaging involves continuous investments over time regardless of fluctuating price levels, you should consider your ability to continue to invest in periods of low price levels.

DISCIPLINE

By staying focused and staying invested through all market activity, you can increase your long-term potential because missing even a handful of the best-performing days in the market over time can considerably diminish your returns.

DIVERSIFICATION

By investing in different asset classes you may help spread out the risk in your portfolio. This may also work to increase returns by offsetting losses in one asset class with an opportunity for gains in another. While diversification does not assure a profit or protect against loss, it may well be one of the most important investment strategies.

The bottom line is, invest with your head, not the headlines. Your financial goals haven’t changed. Neither should your approach to investing.

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In the United States, securities are offered by PFS Investments Inc., 1 Primerica Parkway, Duluth, Georgia 30099-0001. Primerica and PFS Investments Inc. are affiliated companies. In Canada, mutual funds are offered by PFSL Investments Canada Ltd., mutual fund dealer. Head Office: 6985 Financial Drive, Suite 400, Mississauga, Ontario L5N 0G3. For more information, see Primerica’s Important Disclosures at www.primerica.com/public/primerica_disclosures.html.

Dollar-cost averaging is a technique for lowering average cost per share over time. Dollar-cost averaging cannot assure a profit or protect against loss in declining markets. Investors should consider their ability to continue to invest in periods of low-price levels.

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Invest with Your Head, Not with the Headlines - AskPrimerica.com (2024)

FAQs

What are the 3 D's of investing Primerica? ›

Diversification. Dividends. Discipline. Christopher Quinley, CFP®, CIMA®, AAMS®, the co-founder of Liang & Quinley Wealth Management, says that one of his key tips for financial health is to invest using the three Ds: diversification, dividends, and discipline.

Is Primerica legit for investing? ›

Primerica is a leading financial services provider that has been in business for over 40 years, is publicly traded on the New York Stock Exchange under the stock symbol "PRI", and is rated A+ by the Better Business Bureauiii.

How to make money investing $1,000 dollars? ›

Here's how to invest $1,000 and start growing your money today.
  1. Buy an S&P 500 index fund. ...
  2. Buy partial shares in 5 stocks. ...
  3. Put it in an IRA. ...
  4. Get a match in your 401(k) ...
  5. Have a robo-advisor invest for you. ...
  6. Pay down your credit card or other loan. ...
  7. Go super safe with a high-yield savings account. ...
  8. Build up a passive business.
Apr 15, 2024

How to withdraw money from Primerica mutual fund? ›

You may redeem assets from your accounts using the following methods: Written Instructions – For most account types, you may submit a letter of instruction or contact a Customer Service Representative for requirements and to obtain a redemption or distribution form.

What is the downside of Primerica? ›

The Bottom Line on Primerica Insurance

It offers up to 35-year term policies and no medical exams for some applicants. However, it doesn't offer any form of whole life insurance. Its website lacks transparency, so customers must work with agents for quotes and other inquiries.

Is Primerica a pyramid scheme or legit? ›

In fact, they are a publicly-traded company on the stock market, and have operated for decades, helping people with their life insurance needs. Further, people DO make money in a Primerica career.

Can you really make money with Primerica? ›

The Primerica Business Opportunity for licensed, independent representatives offers individuals the chance to build a part-time businessv or a financial services career with Primerica. Primerica representatives earn money through the sale of Primerica's products.

Is Primerica worth joining? ›

Is Primerica a good company to work for? Primerica has an overall rating of 3.9 out of 5, based on over 2,151 reviews left anonymously by employees. 74% of employees would recommend working at Primerica to a friend and 73% have a positive outlook for the business. This rating has been stable over the past 12 months.

How much do Primerica reps make? ›

While ZipRecruiter is seeing annual salaries as high as $77,000 and as low as $24,500, the majority of Primerica Representative salaries currently range between $37,500 (25th percentile) to $43,000 (75th percentile) with top earners (90th percentile) making $63,500 annually across the United States.

How can I turn $1000 into $10000 fast? ›

6 Ways to Turn $1000 into $10000
  1. Invest in Real Estate.
  2. Invest in Stocks and ETFs.
  3. Get Out of Debt Now.
  4. Start an Online Business.
  5. Retail Arbitrage.
  6. Invest in Yourself.
Jan 23, 2024

How can I double $1000 dollars in a year? ›

Some of the most consistent strategies to double $1,000 include:
  1. Using the money to start a low-cost side hustle.
  2. Starting an online business.
  3. Buying and flipping goods.
  4. Retail arbitrage.

How much are Primerica fees? ›

Fees Under Primerica Advisors
Primerica Advisors Administration Fee Schedule
Account ValueAdministration Fee
$250K or less0.49%
$250K - $500K0.46%
$500K - $1MM0.42%
2 more rows
Nov 21, 2023

Can I borrow from my Primerica account? ›

You can borrow any amount from $1000 up to $50,000 or one- half of your 403(b)(7) account balance, whichever is less. The loan amount requested must be in $100 increments.

How long does it take for Primerica to pay out? ›

The company says it pays 91% of claims within 14 days. Primerica does not provide the option of receiving a quote or purchasing a term life insurance policy online. Instead, you will need to talk with an agent who can help you determine how much coverage you need.

What is the 3 way investment strategy? ›

To build a three-fund portfolio, invest in a total stock market index fund, a total international stock index fund, and a total bond market fund. These can be either mutual funds or ETFs (exchange-traded funds).

What is the 3 investment strategy? ›

A three-fund portfolio is a portfolio which uses only basic asset classes — usually a domestic stock "total market" index fund, an international stock "total market" index fund and a bond "total market" index fund.

What are the 3 A's of investing? ›

Amount: Aim to save at least 15% of pre-tax income each year toward retirement. Account: Take advantage of 401(k)s, 403(b)s, HSAs, and IRAs for tax-deferred or tax-free growth potential. Asset mix: Investors with a longer investment horizon should have a significant, broadly diversified exposure to stocks.

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