Coronavirus and Volatility Rollercoaster

Coronavirus and Volatility Rollercoaster

Suffice to say, these are unprecedented times with respect to the global pandemic. As difficult as it has been to digest, the market’s response is not without precedent. Markets have been digesting the dynamic plethora of information available and responding...

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This Too Shall Pass

This Too Shall Pass

As you contemplate your next move, it’s important to keep the following in mind: Stocks have weathered wars, natural disasters, terrorist attacks financial crises, and many other economic and geopolitical shocks. Through it all, stocks have produces a 9% annualized return since 1929, as measured by the S&P 500 Index.

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How Long Will This Bull Market Last?

How Long Will This Bull Market Last?

Are we finally knocking on the door of a recession/correction?

Before the 4th of July holiday, all three major U.S. stock market indices closed at record highs, despite a slate of recent indicators that would suggest that the economy may be cooling down. As the present bear market has now officially been coronated as the longest in history, recent activity begs the question of “why such exuberance if the outlook is turning negative?” There are a few schools of thought to help offer an explanation:

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3 things I would tell my 25 year old self

3 things I would tell my 25 year old self

We need clothes and cars and homes to survive, but by convincing ourselves that “wants” are “needs” we overextend ourselves what truly necessary, stagnating our progress towards long-term financial goals.

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Top 10 Questions I Receive as a Financial Advisor

Top 10 Questions I Receive as a Financial Advisor

When asked by the client how much the pension would be, the advisor responded: “about $540/month” thinking that the client would be disappointed with the answer. The response was the exact opposite – the client was elated because $540 was enough to live in their manufactured home on a piece of leased property deep in the woods and away from the hustle and bustle of life – the moral of the story: your goals in retirement inform what you need to save and how to be invested.

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Market Selloff & Rebound

Market Selloff & Rebound

Having a financial plan that calculates the impact of market movements through a range of portfolio performance helps to provide a sense of commitment to your established, long-term goals.

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How do You Respond in Market Volatility?

How do You Respond in Market Volatility?

The short answer is that market risk, as measured by volatility cannot be diversified away. What can be controlled is investor discipline – resisting the urge to sell in down markets and become overexuberant in up markets. The antidote to the fear in down markets is to maintain a perspective on the long-term goal you’re either working towards, or have achieved in retirement.

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Rich Cullen Financial Advisor

 

CONTACT US

Don't hesitate to get in touch with us.
We would love the opportunity to become your trusted advisor.

 

rich@fmiwealth.net
Direct: (509) 869-3907
Office: (509) 473-9483

502 W Riverside Ave #201, Spokane, WA 99201
(Numerica Building – Downtown Spokane)

No information on this site is intended to constitute an offer to sell or a solicitation of an offer to buy shares of any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under securities laws.