PA Secretary Wiessmann Reminds Investors to Keep Long-Term Perspective during Periods of Market Volatility

HARRISBURG, Pa., June 30, 2016 /PRNewswire-USNewswire/ -- During periods of volatility in financial markets due to national or international events, PA Secretary of Banking and Securities Robin L. Wiessmann reminds investors that a disciplined long-term strategy and understanding risks are among the keys to investing success.

"Over the long term, financial markets do typically provide a positive and even substantial return. Successful investors do not make snap decisions based on the day's headlines. They stick with their plans and invest in good times as well as periods of volatility," Wiessmann said. "Setting goals, learning more about saving and investing towards those goals, and being vigilant and proactive in monitoring investments can ease an investor's concerns in even the most difficult times."

Wiessmann urged investors to discuss market volatility issues with a registered investment professional. She also advised investors to visit the department's website (www.dobs.pa.gov), which contains information on investing developed in partnership with the Investor Protection Trust, the Investor Protection Institute, the North American Securities Administrators Association, the Financial Planning Coalition, the CFA Institute, and Kiplinger's. Of particular interest, she pointed to these publications:

• Cutting through the Confusion: Where to Turn for Help with Your Investments: http://www.dobs.pa.gov/Documents/Publications/Brochures/Cutting%20through%20the%20Confusion-Brochure-print.pdf
• 5 Keys to Investing Success: http://www.dobs.pa.gov/Documents/Publications/Brochures/Five%20Keys%20for%20Investing%20Success.pdf
• The Basics of Investing in Stocks: http://www.dobs.pa.gov/Documents/Publications/Brochures/The%20Basics%20for%20Investing%20in%20Stocks.pdf

Members of the public can contact the Department of Banking and Securities consumer helpline (1-800-PA-BANKS) to file a complaint or ask questions about financial products, transactions, or companies. Consumers and businesses can learn more at www.dobs.pa.gov, and are also invited to connect to the department's outreach efforts by following us on Facebook and Twitter or subscribing to the department's newsletter.

Media contact: Ed Novak, 717-783-4721

SOURCE Pennsylvania Department of Banking and Securities

Related Links

http://www.dobs.pa.gov/