February 6, 2018 | Investing
Last week, a number of LifeGuide’s advisors had the opportunity to hear from a Wharton Professor, Vanguard, American Funds and other leading thinkers at TD Ameritrade’s annual LINC conference. There was a general theme of optimism about the overall economy. The recent much-needed correction reminds us that stock growth isn’t a sure thing especially in the short run. This correction is a small retreat when compared to the superior growth of the last five years. We must not forget that stocks contain risk. They should be invested in with prudent caution in the context of a well thought out plan.
Corrections in the market do not have to be feared and should be expected. They are healthy mechanisms which help prevent bubbles from forming and preserve the “equity premium” (the return that stocks provide above less risky investments). If stocks didn’t have their ups and downs, then no one would get rewarded for taking the risk of investing in them.
For further discussion about the equity premium, check out our blog post on this topic. https://lifeguidefa.com/blog/q3-perspective-a-walk-in-the-park-with-zak-and-his-dad
The recent market drop seems to be related to the increased chance of interest rates going up faster than expected because of last weeks strong jobs, wage, and earnings reports. The reports are a classic “good news is bad news” situation. There is a concern that the Fed will increase rates more quickly to keep inflation in check. Increasing interest rates tend to decrease the appetite for risky investments and drag down bond prices in the short run but increase yields in the long term.
As your LifeGuides and investment managers, we certainly cannot remove the uncertainty of the future, but we can help you prepare for it. We believe that having a comprehensive LifePlan provides an understanding of what your investments need to do for you and provides an essential foundation for any investing strategy. As co-stewards of your investments, we continually look for ways to enhance our portfolios to support your goals and dreams. You may have noticed an uptick in the number of trades in your accounts. In the coming weeks, we are going to describe the recent changes that we have implemented.
Here is a list of the portfolio enhancements and management techniques that we will be explaining.
If you have any specific questions or concerns about your investments, do not hesitate to reach out to us.
You have important questions, and we want to get you answers. We offer everyone a complimentary, no-strings-attached Exploration Meeting where we get to know each other, understand what you’re looking for, and answer all of the questions you have. In preparation for our conversation, we ask everyone to first complete a short five-minute, online Intro Questionnaire.
Once we receive your submission, we’ll reach out to schedule your complimentary Exploration Meeting. Type in your name, email, and preferred phone number below to get started!
The topic of long-term healthcare can be complex, time consuming, and, quite frankly, not a lot of fun. We’re here to help.
We are Dave Ramsey ELPs for long-term care, as well as SmartVestor Pros. We offer all of Dave’s fans a complimentary, no-strings-attached LTC Exploration Meeting where we will take the time to know you, answer your questions about LTC, and provide quotes and recommendations tailored specifically for you.
To prepare quotes for you, we ask that you complete a short three-minute online LTC Questionnaire.
One we receive your questionnaire, we will shop your case to multiple insurance companies, prepare quotes, and reach out to schedule your LTC Exploration Meeting. Type in your name, email, and preferred phone number below to get started!
You’ve come to the right place! Our Managing Partner, Doug Denlinger, is a SmartVestor Pro as well as a Dave Ramsey Endorsed Local Provider (ELP) for long-term care insurance.
Like Dave, we believe that financial peace is a critical component to leading your most impactful, fulfilled life—the life you are called to live. And we want to help you get there. Which is why we offer all Dave Ramsey fans a complimentary, no-strings-attached Exploration Meeting where we answer your questions and get to know each other.
In preparation for our conversation, we ask everyone to first complete a short five-minute, online Intro Questionnaire. Once we receive your submission, we’ll reach out to schedule your complimentary Exploration Meeting. Type in your name, email, and preferred phone number below to get started!