We’re always evaluating the best way to secure our best financial future. There are countless strategies at your disposal – a hundred different assets to invest in and even more strategies to utilize. One of the most popular avenues of investment, however, is the stock market. While the S&P 500 has been on a rapid upward swing since 2020, 2022 saw a turn.

If you’re up-to-date on the news cycle, you’ve no doubt heard about the chaos ensuing on Wall Street. Now, we don’t usually talk stocks here, but there are valuable lessons we can take away from the frenzy of the past few weeks.

While our primary concern throughout the COVID-19 pandemic has been the health and safety of those around us, all of us share economic concerns as well. When we look to the future, uncertainty abounds.

The U.S. stock market did not have a good week at the end of February. This in itself is an understatement — the Dow fell 1,191 points. S&P 500 posted its worst numbers since the Great Recession. The Dow drop of 4.4 percent, however, marks the worst single-day stock market drop in history. The U.S. stock market lost some $4 trillion in value where the global stock market lost $6 trillion.

If you were to be asked on the street what you thought the best long-term investment was, what would you answer?

Financial strategy can be a tricky skill to master. It can leave many of us feeling anxious, particularly if we are new to things like investing—be it in stocks and bonds or in real estate and business ventures.

One of the biggest and most important concepts to master no matter what your financial goals are, however, is portfolio diversification. This is the idea of putting your money to work across multiple disciplines, markets, and types of investments.