Like most financial advisors I always feel a bit on edge as October approaches each year. As most of you know all too well, it is the month that has produced some of the markets most infamous days. October ’18 was true to form with greatly increased market volatility and some unnerving declines. Many were hopeful that leaving the dark month behind and getting the mid-term elections out of the way would bring a smoother ride entering the holidays. This may still be the case, but November has piled on to October for the most part so far.
This link is to an article that might be helpful in maintaining a correct perspective through times like these. Market Volatility Kit
The market volatility we’ve experienced recently is actually somewhat more normal than the extreme lack of ups and downs that we’ve had over the past few years.
Attempting to predict moves in the market or to even provide specific causes has proved to be nearly impossible. Because of this, successful investors have focused on longer term investing which diminishes the impact of market volatility in stock prices, and relies more on business and economic fundamentals. I agree with the opinion of the majority of analysts and economists that those fundamentals are still solid, even with the many headwinds that always seem to be present.
If you have any doubts as to how your portfolio is positioned for weathering times like these, please consider contacting us for a complimentary portfolio review!
GET STARTED WITH A COMPLIMENTARY PORTFOLIO IMPACT ASSESSMENT
CONTACT US
Phone: 541-678-5475
Fax: (541) 678-5476
E-mail: [email protected]
ADDRESS
243 SW Scalehouse Loop, Suite 1A,
Bend, OR 97702
PHONE
A Registered Investment Advisor
Investment Advice is offered through Cascade Financial Strategies, a registered investment advisor licensed in Bend, Oregon, California and Idaho (We also operate in other states under the "de minimis" exemption, meaning having five or fewer clients within that state).
An investment advisor or IA rep may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if they are excluded or exempted from the state’s investment advisor or IA rep requirements; and follow up, individualized responses to consumers in a particular state by investment advisor or IA rep that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, shall not be made without first complying with the state’s investment advisor or IA rep requirements, or pursuant to an applicable state exemption or exclusion. For information concerning the licensure status or disciplinary history of an investment advisor or IA rep, please do not hesitate to contact your state securities law administrator. Cascade Financial Strategies