Investors all over the world are looking for reassurance after the recent sell-offs that occurred throughout the international markets this March.
The latest market decline firmly reinforces the fact that investors are now participants in a global economy.
While domestic economic data still carries its fair share of weight with the United States markets, this most recent slide demonstrated just how much the international markets can weigh on our domestic markets.
Less than favorable economic news out of China, coupled with a dissenting opinion from former Fed Chairman Alan Greenspan (which he has since revised), quickly led to the huge sell-off that occurred.
While market declines do affect the current value of investments, they also present an opportunity for those investors who employ dollar cost averaging, which is often available at no cost within variable universal life policies.
This investment strategy calls for investing fixed dollar amounts at fixed time intervals.