Volatile Markets Allow Your Advisor To Shine Ep. 87

Volatile markets like we are having this year remind me why I became an advisor. When things go south and get difficult is where value is seen. It’s a great feeling when we are able to communicate to our clients that they will be okay. With our process, we help our clients develop a plan to weather rocky times like these.

The Washington Post put it this way. Click the link to read. 

We have the perfect storm brewing with a possible Russian conflict and the expectation of rising interest rates. Last week, the Federal Reserve Chair stated that the government’s plans have not changed, but he stated the Fed would be “humble and nimble” moving forward. I interpreted that to mean that he wasn’t sure what to expect. Uncertainty is the thing the market does not like, and it’s getting it from multiple angles.

This is why I became an advisor: To help people navigate their retirement with as much ease as possible and eliminate as much uncertainty as we are able. We never lose sight of what matters and what we can control.

It’s our belief that we do not have to chase overall market returns to have a successful outcome in retirement. Productive returns and limiting volatility are our goal. It doesn’t have to be complicated, and in fact, the best things are normally those we can explain in our sleep. Learning the recipe is the challenge, but once that is accomplished, our hope is for our clients to see volatile times and not be as worried as they would be if they had no plan for the challenging time.

I’d encourage you to not delay evaluating the risk you are taking on in your accounts. Here’s an example of what we look at to help people understand where they are currently. Do you know the probability of what you’d lose with your current allocations if the S&P went down 30%? If you need assistance figuring that out,  call our office at 864.641.7955.

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