That’s the question of the month regarding the turmoil in the financial markets - and one we’ve heard a lot this year from investors just like you.
It’s a good question. The answer is: it depends. It's a complicated issue with many moving parts, and there are multiple factors at play. It could be 6 months or it could be 18 months before the roller coaster gets to the straight away where we begin to see normalcy.
There are 4 primary causes driving the effects on the current financial markets. These include:
As these forces interact, your risk tolerance may be challenged as you continue to pursue your financial goals. A long-term strategy can work to your advantage.
Don't wait until market changes drive you further off course. As the saying goes, if you don't know where you are going, any road will get you there. That's why it's important to periodically review your risk profile and your goals with your investment manager.
If it has been a while since you last did this, now is a great time to take a look at how things are going in your portfolio and with your financial goals to decide if any adjustments are necessary.
Our upcoming blog posts will dive further into the economic and financial markets to provide you with additional insights and key points to consider.
If you have a topic you’d love to hear about submit it here. Or if you’d like to talk to our investors about your goals to see if we're a good fit, hop over to our contact page and complete the form or give us a call today.