With respect to investments, the word “volatility” refers to sharp up and down movements in prices. For example, the last couple of months have been rough for investors as stocks officially entered the bear market territory. Personal Financial Managers (PFMs) are undoubtedly answering clients’ questions and calming frayed nerves.
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This material is based upon work supported by the National Institute of Food and Agriculture, U.S. Department of Agriculture, and the Office of Military Family Readiness Policy, U.S. Department of Defense under Award Number 2019-48770-30366 and 2023-48770-41333.