--- title: Expectations Following Market Selloffs - Burney Investment Management description: A common refrain you’ll see us use around here is Keep the Faith! This is perhaps the most important thing we ever tell a client as the most successful investors are able to keep emotion in check and trust their investment strategy, especially when conditions get tough. Study after study shows that market timing is ... --- [Skip to content](https://burneyinvest.com/blog/expectations-following-market-selloffs#main-content) [![Burney Investment Management](https://burneyinvest.com/hs-fs/hubfs/theme/Burney_Invest_Color_Horizontal_%232b.png?width=300&height=110&name=Burney_Invest_Color_Horizontal_%232b.png "Burney Investment Management")](https://burneyinvest.com/) - About - [Company Overview](https://burneyinvest.com/about) - [Burney Difference](https://burneyinvest.com/the-burney-difference) - Strategies - [Size & Style Responsive](https://burneyinvest.com/strategies/size-style-responsive-ssr/) - [The Burney Master Portfolio](https://burneyinvest.com/strategies/the-burney-master-portfolio/) - [Personalized Portfolios](https://burneyinvest.com/strategies/personalized-portfolios/) - [Stock Selection](https://burneyinvest.com/strategies/stock-selection/) - [Team](https://burneyinvest.com/team) - [Resources](https://burneyinvest.com/blog) - [Get In Touch](https://burneyinvest.com/contact) 2.3.2016 # Expectations Following Market Selloffs [Andy Pratt, CFA](https://burneyinvest.com/blog/author/andy-pratt-cfa) ![](https://20453469.fs1.hubspotusercontent-na1.net/hubfs/20453469/Theme/dots_y4.svg) ##### Popular Posts [How to Read VIX and VIX Term Structure](https://burneyinvest.com/blog/how-to-read-vix-and-vix-term-spread) [What Happened in the Stock Market Yesterday?](https://burneyinvest.com/blog/what-happened-in-the-stock-market-yesterday) [Performance Matters - 7 Steps Toward More Effective Investing](https://burneyinvest.com/blog/performance-matters-7-steps-toward-more-effective-investing) A common refrain you’ll see us use around here is Keep the Faith! This is perhaps the most important thing we ever tell a client as the most successful investors are able to keep emotion in check and trust their investment strategy, especially when conditions get tough. [Study](https://www.burney.com/blog/sell-in-may-no-way/) after [study](http://fivethirtyeight.com/datalab/worried-about-the-stock-market-whatever-you-do-dont-sell/) shows that market timing is not a successful long-term strategy – [try it for yourself](https://www.burney.com/blog/you-can-t/) – in large part because an [investor who times the market has to be right twice](http://www.cnbc.com/2016/01/24/went-to-cash-heres-the-next-big-mistake-youll-make.html). Still, remaining unemotional in trying times is easier said than done.  [The behavior gap between stock returns and the average stock investor exists for a reason](http://selectedfunds.com/downloads/STW.pdf). ![Behavior_Gap](https://burneyinvest.com/hs-fs/hubfs/Imported_Blog_Media/Behavior_Gap.png?width=500&height=317&name=Behavior_Gap.png) Back in 2014, we experienced a remarkable period in which the [S&P 500 didn’t move by 1% or more for 62 consecutive trading days](https://www.burney.com/blog/stock-market-expectations/). So far in 2016, 14 out of the 21 trading days have seen 1%+ moves. All this volatility can be scary, especially when the market sells off 2%+ in a day, as it did 3 times in January, but this daily volatility is immaterial in the big picture. ![Total_Return_Daily_Perf](https://burneyinvest.com/hs-fs/hubfs/Imported_Blog_Media/Total_Return_Daily_Perf.png?width=600&height=232&name=Total_Return_Daily_Perf.png) A one day loss of 1-3% has virtually no effect on future expectations. Bigger losses can signal short-term distress but also better than average long-term potential.  Investors are tempted to pull money right as the market is expected to return the most.[Considering just the top-10 trading days accounted for 41% of stocks’ return over the *twenty-year ­*period from 1993-2013](http://www.businessinsider.com/cost-of-missing-10-best-days-in-sp-500-2014-3), pulling that money is a dangerous move for the long-term health of a portfolio. The start to the year has been trying but, as always, keep the faith! --- *The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. Burney Company does not provide legal, tax, or accounting advice, but offers it through third parties. Before making any financial decisions, clients should consult their legal and/or tax advisors.* ## Articles you may enjoy 05.01.19 #### [Sell in May and Go Away Update](https://burneyinvest.com/blog/sell-in-may-and-go-away-update) [![](https://20453469.fs1.hubspotusercontent-na1.net/hubfs/20453469/Theme/circle_right.svg)](https://burneyinvest.com/blog/sell-in-may-and-go-away-update) 10.15.14 #### [Ride Out the Volatility](https://burneyinvest.com/blog/stock-market-expectations) [![](https://20453469.fs1.hubspotusercontent-na1.net/hubfs/20453469/Theme/circle_right.svg)](https://burneyinvest.com/blog/stock-market-expectations) 09.08.17 #### [Successful Investors Keep the Faith](https://burneyinvest.com/blog/successful-investors-keep-the-faith) [![](https://20453469.fs1.hubspotusercontent-na1.net/hubfs/20453469/Theme/circle_right.svg)](https://burneyinvest.com/blog/successful-investors-keep-the-faith) ![](https://burneyinvest.com/hubfs/theme/burney-invest-logo-white-1-1.png) - [Size & Style Responsive](https://burneyinvest.com/strategies/size-style-responsive-ssr/) - [Burney Master Portfolio](https://burneyinvest.com/strategies/the-burney-master-portfolio/) - [Personalized Portfolios](https://burneyinvest.com/strategies/personalized-portfolios/) - [Stock Selection](https://burneyinvest.com/strategies/stock-selection/) - [About](https://burneyinvest.com/about) - [Team](https://burneyinvest.com/team) - [Resources](https://burneyinvest.com/blog) - [Contact](https://burneyinvest.com/contact) **Headquarters** 1800 Alexander Bell Dr. STE 510 Reston, VA 20191 Advisory services are offered through the Burney Company, an investment advisor registered with the U.S. Securities & Exchange Commission. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the advisor has attained a particular level of skill or ability. © 2026 Burney Wealth Management | [Research](https://burneyinvest.com/research) | [Privacy Statement](https://burneyinvest.com/privacy-policy) | [Terms & Conditions](https://burneyinvest.com/terms-and-conditions) | [Disclosures](https://burneyinvest.com/disclosures) | [ADV](https://44214779.fs1.hubspotusercontent-na1.net/hubfs/44214779/Burney%20Company%20ADV%20Part%202A%20IM%2026%20REV.pdf) | [Form CRS (ADV Part 3)](https://44214779.fs1.hubspotusercontent-na1.net/hubfs/44214779/Burney%20Company%20Form%20CRS_March%202026.pdf) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Andy Pratt, CFA", "url" : "https://burneyinvest.com/blog/author/andy-pratt-cfa" }, "dateModified" : "2024-04-03T01:02:05.757Z", "datePublished" : "2016-02-03T20:08:47.000Z", "headline" : "Expectations Following Market Selloffs - Burney Investment Management", "mainEntityOfPage" : { "@id" : "https://burneyinvest.com/blog/expectations-following-market-selloffs", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://burneyinvest.com/hubfs/theme/Burney_Invest_Color_Horizontal_%232b.png" } } } ```