50949_WKBW_7_Problem_Solvers_658x90.png

Actions

Local expert weighs in on stock market drop

Posted at 11:13 PM, Feb 02, 2018
and last updated 2018-02-02 23:13:26-05

"You have to use the market rather than have the market use you."

That's the best advice from financial and wealth management expert Anthony Ogorek after a more than 600 point drop in the stock market Friday.

"We have been due for a pull-back. What we found is that a tremendous amount of money came into the market in 2017. Things don't go straight up, you expect to have some type of ajustment."

Ogorek says with a steady and unprecedented 2017, the market will soon come down.

"As the market backs down a bit, it gives people perspective," he said.

Ogorek says now is the best time to buy and invest in a portfolio that could grow your financial future.