Market Volatility

Perspective is a tough thing to keep when there is so much shouting going on.
I thought that I would give you just some perspective today on the rhetoric and volatility going on. Remember that nobody can predict the future, but here are some thoughts.
If you have money managed by our team then remember these things:

1. Your portfolio is well-diversified
2. Last year was a pretty good year – between 10% – 14% rate of return on your portfolio if invested with SageView
3. Up until yesterday, almost all portfolios invested through us were slightly UP for the year
4. Your portfolio will probably NOT be dramatically down tomorrow
5. You are NOT invested directly in the NASDAQ or DOW or S&P (Which is a good thing)

When the market is down:
“I have lost nothing because I have sold nothing” – That might sound a little blasé and insensitive, but in conditions like we are having now, it’s true.
When the market is up:
“I have gained nothing because I have not sold anything”
We really only make or lose money when you sell positions and so the choice of when you sell is the critical thing
Some key thoughts:

1. Think of “When do I need my money?”
2. Don’t panic
3. Stay invested
4. Invest in a quality portfolio
5. Stay diversified
6. Keep rebalancing according to the market – which, if your portfolio is being managed by SageView is done for you.

So, what to do now?

• Talk to your Financial Advisor as each family’s situation is unique and no plan for one family is the best fit for another family.
• If you want to make a change in your plan because of what you think will happen in the future, pick up the phone and don’t hesitate to discuss your concerns. We should never be scared to hear other perspectives and make decisions after gathering data and thoughts.

This too shall pass!

If you would like to discuss your plans going forward, feel free to contact me and we can set up a time to meet or talk – either in person or via Zoom.
If you would like to discuss how you can make wise decisions for Retirement Planning and College Planning for your family, please don’t hesitate to contact Dave Coen to set up a no-cost consultation.

You can see more about my role as a Financial Advisor with SageView Advisory  HERE

Tel:714-813-1703
dcoen@sageviewadvisory / davec@collegeplanningamerica.com