Now is the Time

By March 15, 2019The Friday Brief

People often ask us what we do with our client portfolios during a market downturn.  (For the record, we invest our own money the exact same way.) Evidence shows that making investment decisions during periods of high market volatility is the wrong thing to do and usually leads to poor results.  So our short answer is “hopefully nothing.” 

But before you go off and do nothing, it’s important to note that that answer is predicated on the assumption that you’ve done the leg work ahead of time to ensure that your portfolio is invested properly. In other words, that it’s invested so it generates enough return to ensure that you can accomplish all of your important goals, but also so you won’t feel the need to make an emotional decision when the inevitable dips in the market arrive.

The stock market has recovered from its recent bout of volatility.  In fact, the S&P 500 is only 100 or so points away from its all-time high reached in September 2018.  Perhaps now would be a good time to reflect on how you felt over the last couple of months as you watched your portfolio fluctuate?  Did you feel anxious?  Lose any precious hours of sleep?  Did you even notice?  If you experienced anything like the former two then it’s likely that a portfolio review is in order.

This is important stuff.  Take some time to ensure that you are invested properly before the market misbehaves.  Perhaps you’d like someone to guide you through this process.  Let us know, we’d love to help.

Author Geoff Hall

After two decades of practicing wealth management, multiple bull and bear markets, an internet bubble, a financial crisis and everything else in between, I have come to understand certain truths. The stock market can be volatile and it’s best if you prepare ahead of time. The less you pay in taxes and expenses the more of your money you keep. Outside perspective is a very good thing. Having a good financial plan as your frame of reference goes a long way. Based on these truths, my value proposition is elegantly simple yet profoundly effective… I strive to listen to my clients like they are the only person in the world so that I can best understand what is most important to them. I work diligently to control the things that can be controlled in the investment process like taxes, expenses and market underperformance so my clients can keep more of their hard earned wealth. By creating and continuously monitoring a plan for each of my clients I ensure that they feel confident that they are on track to do more of the things that are most important to them. I offer my clients independent, unbiased advice in a language that they understand. My beautiful wife, Crystal, and I have a two year old son, Cooper, and we just welcomed our daughter, Rhodes, into the world. When I’m not spending time with them you might find me downtown serving at our church, pushing my limits at an F3 workout or having coffee with a friend in the Five Points area. I have been given the privilege of shepherding my family of clients through the ups and down of the markets and of life for that matter. And for that I am thankful.

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