A Look Back At The Summer
It’s hard to believe this summer is wrapping up with kids returning to school and the sounds of football season in the air! When the summer began there was a lot of uncertainty in what the markets would do. The “Brexit” was about to be voted on and the presidential primaries were still in progress. Emotions were running high and investors were nervous.
So how did it go? The Brexit vote surprised everyone when Great Britain voted to leave the European Union and their leadership structure crumbled. The primaries have ended and are taking us down a path for a historic election. When we look back at the markets though there was definitely some volatility around those events, but the interesting item through all that was going on, the Dow Jones, S&P 500, NYSE, and Nasdaq are all at higher points today than they were at the beginning of the summer! So after all the doom and gloom we heard in the media, from a market stand point there was overall growth.
We make this point to illustrate the importance of avoiding emotion and knee jerk reactions to world news and how it can impact the markets. At Sound Financial we accomplish this with a Rules Based Strategy that drives our decisions with facts and data. By following our Rules, we were able to navigate the volatility with discipline. If you would like more information on our Rules Based Strategy and how we can help you plan for retirement based on facts and not emotion, contact one of our financial advisors. We’d love the opportunity to help you Navigate Retirement!
Investment advisory services offered through Sound Financial Strategies Group, Inc.("SFSG"), a Registered Investment Adviser. Securities offered through Comprehensive Asset Management and Servicing, Inc., ("CAMAS") Member FINRA/SIPC. SFSG and CAMAS are separate and unrelated companies. The opinions voiced in this article are for general information only. They are not intended to provide specific advice or recommendations for any individual and do not constitute an endorsement by CAMAS. The opinions voiced in this article are for general information only. They are not intended to provide specific advice or recommendations for any individual and do not constitute an endorsement. There are no guarantees that any managed portfolio will meet its intended objective.
Neither diversification nor asset allocation can ensure a profit or protect against a loss. Past performance is not indicative of future results.
Indices are unmanaged measures of market conditions. Is it not possible to invest directly into an index. Past performance is not a guarantee of future results.
Posted on Sun, September 11, 2016
by Sound Financial