The power of patience
Things you can do (and not do) amid declining portfolio returns.
Sometimes you lose sight of your financial goals
One thing is certain: As your portfolio’s returns move up and down, your financial life doesn’t stop. In addition to managing your retirement savings, you may have mortgage payments, kids to send to college and other long-term financial commitments. Focus on what you can control: Your responses to financial developments and what is in your broader financial plan.
One of the reasons we seek to offer solutions across your finances is so you can have different options depending on your needs. We may incorporate insurance strategies, cash reserves, tax strategies and other resources that can be used in different ways as your circumstances change. Your portfolio is an important part of any plan, but only one part. A six-legged stool is stronger than a three-legged stool, right?
If you have any questions or concerns about your finances, please don’t hesitate to reach out to your planner. We’re here for you.
Certain services provided on an educational and guidance basis only.
An index is a portfolio of specific securities (such as the S&P 500, Dow Jones Industrial Average and Nasdaq composite), the performance of which is often used as a benchmark in judging the relative performance of certain asset classes. Indexes are unmanaged portfolios and investors cannot invest directly in an index. Past performance does not guarantee future results.
Investing strategies, such as asset allocation, diversification or rebalancing, do not ensure or guarantee better performance and cannot eliminate the risk of investment losses. All investments have inherent risks, including loss of principal. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Past performance does not guarantee future results.