Hi there!
We felt that touching emotion, psychology, time, and current environment would be relevant and helpful to you today.
As always, we are truly grateful for the trust that you place in us, and we do not take that lightly. We are available to you anytime, and we are sticking to the plan yet adjusting as needed, being laser focused on our approach, your investments, rebalancing, and working hard on things we can control: deep dive financial, tax, and estate planning and impeccable service from a team that cares about you.
Points to think about, related to markets:
- We have seen this before and we have seen/been through worse.
- Markets need to adjust to address de-globalization, inflation, and all of macro issues that are out there.
- The stock market is a FUTURE indicator….meaning it is telling us what could be (or is anticipated to be forthcoming) and intuitively / historically goes up after times look the worst.
- Inflation has historically been a silent killer…now it is in the forefront….cash will erode, asset prices compress, and you need to be thinking of this as an absolutely “tax” right now.
Stay the course or call us if you have questions about your financial or allocation plan, and please enjoy the read from our teammate and strategist Michael Antonelli. We try to be very thoughtful on what we send out and know you’ll enjoy the anecdote.
https://blog.rwbaird.com/blogpost/1563/dealing-with-a-setback
Sincerely,
Adam and Michael