“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

-Warren Buffett

 

 

August has not only has brought kids back to school, but also has brought market volatility.  The recent market rumblings were started by the continuing trade war and investors not seeing a quick resolution to such.  Then this week, the yield curve inverted, meaning investors are shifting money away from stocks and into bonds, dropping long term interest rates. 

Despite the recent volatility, the markets are still positive for the year and your portfolio is designed for your goals and time frame.  We’ve crafted your portfolio to include significant diversification.  Recently, bonds have done well while stocks have not; nor have emerging markets, while many commodities have been rocking (no pun intended 😊). 

Times like this also create opportunities to buy when some stocks start to go “on sale” and we make slight shifts to portfolios for long term benefits.  Our Investment Committee (Ted, Jamie, Ian and I) are continually monitoring and adjusting where needed, but spend considerable time to build portfolios knowing times like this come and go.  I am here now during volatility and will be here when markets smooth again.  I’m only a phone call, email or meeting away if you have any questions on the markets, your portfolio or financial planning concerns.