HNW_NRG_C_Inset_Mask The cycle of market emotions Human emotion drives financial for your portfolio. Conversely, as A diversified portfolio can help markets as much or more than market your investments lose value, your protect you from the extreme highs fundamentals. As your investments confidence diminishes and you begin and lows of market volatility, which grow, your confidence grows. And to feel nervous. And while you don’t in turn can help prevent you from while you don’t know exactly where know exactly where the bottom of feeling extreme emotions as your the top of the market is going to be, the market is going to be, there is a portfolio expands and contracts. To there is a feeling of euphoria when feeling of despondency when returns review your asset allocation, talk to returns are favorable. This is also are unfavorable. This is also the point your financial advisor. the point of maximum potential risk of maximum potential opportunity. Euphoria Thrill Anxiety Point of maximum potential risk Denial Excitement Fear Point of maximum potential opportunity Optimism Optimism Desperation Relief Hope Panic Depression Despondency Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested. © 2021 RBC Wealth Management, a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC. All rights reserved. 21-68-01845_68218 (07/21).