Undefeated in the Long Term!
Now is the time when it seems like all your good habits and well-made financial plans are all for naught! You have formulated a long term savings plan, strategically sacrificing current spending, to save for the future.
You have managed your debt load to acceptable levels to allow maximum flexibility.
You’ve implemented an investment strategy that is based on sound investment principals. One that is informed by a financial plan that considers current and future cash flows, as well as your own risk profile.
Your portfolio is constructed with the highest quality investments that are diversified, tax-efficient and risk managed using tried and true strategies. You’ve done everything the right way and right now it seems like all of your well-intentioned plans have fallen flat. In fact, some of you may be wondering where you went wrong.
At this point in time it is easy to second-guess these sound decisions. Of course, we know that timing the market is not possible, but it is incredibly difficult to stand by and be a witness to your hard-earned nest egg taking it on the chin day after day. Especially now, when it seems there is no end in sight!
Well, I’m here to remind you that it always seems to feel really bad with a high chance of getting worse...right before things start to turnaround.
In my nearly 30 year career (yes, I’m that old!) and throughout history, these major market declines have eventually been followed by reversals. In fact, often times reversals happen abruptly and in bursts when they are least expected. It is critical that investors take advantage of these market movements when they happen.
And, while the reversal may take weeks and months to materialize, if market history is any indication of the future, a reversal will invariably happen. In fact, disciplined investors are undefeated in the long-term! We are confident this financial storm will pass and we will see blue skies again.
However, we do understand how difficult it can sometimes be when adhering to a long term investment strategy. If you would like to discuss your portfolio, or receive reassurance, we would be happy to schedule a meeting, or have a discussion with you. Please don’t hesitate to reach out and contact us!