There’s no doubt about it: we are experiencing a challenging market. Nothing about the drops today and last week are comfortable…you may have been through swings like this time and come out on the other side in one piece, but it’s easy to think this time may be different, isn’t it?
Please know that the volatility we’re experiencing is a normal part of the market cycle. We realize that doesn’t make any of us feel better about it, but what should make you feel better is that we have prepared for times like this by building high-quality, diversified portfolios.
We want to keep you informed, so we’ve been hosting “Market & Volatility” Zoom calls. Please watch for details about our upcoming call. We’re also sending market news by email. And if you have any questions, please feel free to call the office to schedule a call to discuss your accounts.
On our recent Market & Volatility call with Jason Grimes, Director at MFS Mutual Funds, he discussed three helpful points:
Volatility is normal – and it gives you an opportunity to buy a slice of America’s future at a marked-down price.
The market rewards the patient: Think longer term.
Diversification is key – not only will it help you hit your long-term goals, but it allows you to sleep at night.
We’ll push through these challenges just as we have before. And be assured: We’ll certainly reach out if we identify any changes that need to be made to your accounts. We appreciate your partnership.
Lisa Shelton and Gina Hughes
Owners & Senior Financial Advisors
MAKERS Wealth Management