Sallie's Opinion

Answering your questions about market volatility

Well, the month of May was officially no fun for the markets. Chief Investment Officer Dr. Sylvia Kwan will have a full recap and analysis ready for you in a few days, but in short, the S&P 500 roller-coastered way, wayyyy down — even dipping a toe into bear market territory — before rallying back up and ending the month pretty much exactly where it started.

While there’s of course no way to know what will happen next, chances seem good that things stay bumpy for a while. The CBOE Volatility Index (VIX), a measure of expected stock market volatility (and sometimes called “the market’s fear gauge”), closed yesterday at 26, which is the same as its average for 2022 so far and considered to be high.

While we’re always going to be team keep-calm-and-invest-on, we know that volatility can be stressful. So the Ellevest team just launched a brand-new live event called Ellevest Explains: Market Volatility to help cut through the noise and give you the info you need. Over the course of 30 minutes, Director of Investments Peter Yuen will cover what’s driving volatility, talk about what you should do, and leave time for open Q&A at the end. Anyone can attend, but it’s free for Ellevest members. And the first one’s on Monday.

SIGN UP

CO-FOUNDER & CEO

A woman with a messenger bag on her shoulder walking a dog on a leash, with clouds in the background. Illustration.

The ins and outs of pet insurance

Pets are like family — family who eats trash, gets stuck in small spaces, chases things that shouldn’t be chased, etc. So whether you’ve considered it or never even heard of it, pet insurance is worth fully understanding as an option.

LEARN MEOW >

An open envelope with a heart on a note, clinking champagne glasses, and a hand holding out a gift. Bundles of cash with wings fly in the background. Illustration.

ICYMI on the Ellevest Magazine 💍

Are you attending 8 million weddings this year? You’re not alone: The US is expecting the greatest number of weddings since 1984. But attending — let alone serving in the bridal party — can get pricey real fast. Here’s how to budget for it.

PLAN AHEAD >

A tweet from @Sherrell_Dorsey that says, “Sometimes the thing standing between you and the thing is just submitting the application.”

Woman inside a browser window reaching toward the earth. Surrounded by graphs, a scale, and another woman talking. Illustration.

See you tomorrow at 12:30 PM ET?

Learn how to use your financial power for good at our Values-Driven Personal Finance workshop.

SIGN UP >

Fuel for the fire(s)

•	More and more people are networking their way to their next job opportunity — not in person, but on Slack.
•	One of the hardest parts about setting boundaries at work is the fear that you might be letting people down. But don’t let that stop you; things happen, and your mental health is worth it.
•	After literally 329 years, the final woman convicted of witchcraft in Salem has been pardoned by the state of Massachusetts. All it took was the students in an eighth-grade civics class to get it done.
•	Happy Pride Month! 🌈 Pride is about liberation, not corporate rainbow-washing campaigns, but we’d be remiss if we didn’t also appreciate Laverne Cox becoming the first trans Barbie last week.

Invest in the future you want.

BECOME A MEMBER

This week’s newsletter was brought to you while taking a deep dive into the big blue sea. Forward it to your friends who need more coral reefs and jellies in their day.

MAGAZINE

STORE

DISCLOSURES

All opinions and views expressed by Ellevest are current as of the date of this writing, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.

Information was obtained from third-party sources, which we believe to be reliable but not guaranteed for accuracy or completeness.

The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice.

The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.

Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.

Banking products and services are provided by Coastal Community Bank (“Coastal”), Member FDIC, pursuant to license by Mastercard International. Your Ellevest Spend and Ellevest Save Account deposits will be insured to the regulatory limits by the FDIC through Coastal Community Bank, Member FDIC.

Funds held in your Ellevest investment accounts are not FDIC insured, not guaranteed by Coastal, and may lose value. Ellevest does not guarantee investment performance.

Ellevest Membership fees are as follows: Ellevest Essential is $1 per month, Ellevest Plus is $5 per month, and Ellevest Executive is $9. Other fees as described in Ellevest’s Wrap Fee Program Brochure and the Ellevest Membership Terms and Conditions Agreement will continue to apply.

Support |

Not a subscriber?

Opinionated: Answering Your Q’s on Volatility

Answering your questions about market volatility

The ins and outs of pet insurance

ICYMI on the Ellevest Magazine 💍

See you tomorrow at 12:30 PM ET?

Fuel for the fire(s)

Invest in the future you want.

This week’s newsletter was brought to you while taking a deep dive into the big blue sea. Forward it to your friends who need more coral reefs and jellies in their day.

Older messages

Mark Your Calendar: This Week's Lineup

🔦 Opinionated: Hope in Weird Times

Take a Peek at This Week's Schedule

💸 Money Cheat Sheet: New Role, Who’s This?

💕 Opinionated: Take What You Need

You Might Also Like

🦾 Anthropic looks jacked

3 reasons to buy life insurance

Eight days in and things are already changing

🤩 Nvidia takes the stage

It’s time to get rid of debt

When Retirement Is the Right Call

What America’s Top Economists Are Saying About AI and Inequality

This new Tesla strategy is crushing its stock returns.

Launch of the 2025–28 Bank of England Agenda for Research

🎰 The AI bet paid off