Recent Market Volatility

After being very kind for the last 14 months or so, the stock market is having what I would call some very normal volatility. This is to be expected and somewhat normal as the economy heats up and worries about inflation and interest rate rises increase.

How long it will last or how far it will ultimately fall is of course impossible to predict. I can say that I feel we are closer to the bottom than the top. The fundamentals of the economy still appear strong. Stocks probably got a little bit ahead of themselves so I look at this as a fairly normal correction.

Overall it is important to keep in mind your long term goals and objectives. If you are for any reason you are uncomfortable with your current portfolio positioning, please let me know so that we can review it together. I’ll continue to keep an eye on what is happening and if I think any changes need to be made I will make them.

Many of my long term clients are now receiving IPS (Investment Policy Statement) forms in the mail. Please be on the look out for those. I use them to verify your investments are aligned with your goals. Please swing by the office or give us a call if you need completing these forms.

On a separate note… if you have extra invest-able cash sitting around or are planning to fund IRA’s this spring, now may be a good time to consider doing that.