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Friday, Apr. 29, 2016

Dow drop should not concern investors, Toni Carter says

Tuesday, April 19, 2005

A nearly 200 point drop in the Dow Jones Friday shouldn't concern inves-tors.

"The economy is very cyclical," Edward Jones Investment Representative Toni Carter said Monday at her Brazil office.

"It's always fluctuating," she said.

"For Gasoline, Little is Certain But High Prices," "Interest Rate Fears Weigh Down Stocks," "U.S. Dollar Declines Due to Political, Economic Jitters" and "Companies Go Abroad, and Jobs Go Along," may all sound like headlines from today's news. What's interesting, she says, is that these headlines are all from 1974 editions of the Los Angeles Times, The New York Times and The Wall Street Journal.

She said despite stocks dropping to their worst day this year and the high price of oil, investors should be optimistic.

Right now, the public is seeing first quarter reports and most thought the economy was improving. Investors are unsure, "but it can change on a dime."

"I think overall the economy is going to gradually get better," Carter said.

According to information from Edward Jones, "There have always been reasons not to invest, that's why investors who want to reach their long-term goals shouldn't change their plan based on the headlines."

Carter added, "People who use them as an excuse are really missing out."

For more information on investing, Carter can be contacted at 442-5013.



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