Market Volatility – College Planning America

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It’s hard to keep perspective when there’s so much noise going on.
I thought I’d give you some perspective today on rhetoric and volatility. Remember that no one can predict the future, but here are some thoughts.
If you have money handled by our team, then remember that;

  1. Your portfolio is well diversified
  2. It was a pretty good year – between 10% – 14% rate of return on your portfolio if you invest in SageView
  3. Until yesterday, almost all portfolios invested by us were slightly up for the year
  4. Your portfolio probably won’t be down dramatically tomorrow
  5. Not directly invested in NASDAQ or DOW or S&P (Which is good)

Where he went down in the market;
“I lost nothing because I sold nothing” – That might sound a little blase and insensitive, but in the conditions we have now, it is true.
When the market is over;
“I have gained nothing, because I have not sold anything”
We only make or lose money when you sell places and so choosing when to sell is critical
Some key thoughts:

  1. I think “When do I need the money?”
  2. Don’t panic
  3. Stay invested
  4. Invest in a quality portfolio
  5. Stay diversified
  6. Keep rebalances close to market – that is, if your portfolio is managed by SageView.

So, what do I do now?

  • Talk to your Financial Advisor as each family’s situation is unique and no plan for one family is best suited for another.
  • If you want to change your plan because of what you think is going to happen, don’t hesitate to pick up the phone and discuss your issues. We should never be afraid to listen to other perspectives and make decisions based on information and thoughts.

This too shall pass!

If you would like to discuss your plans moving 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 about retirement, homework and college planning for your family, please do not hesitate to get in touch. Dave Cohen that a no-cost consultation should be arranged.

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

Tel: 714-813-1703
dcoen@sageviewadvisory / [email protected]