Investment Statements - What You Need to Know Now

How many investment statements do you get at the end of the month? Do you get a great big pile of them and say “Oh, I've seen this before” and you throw it in a corner and just ignore it?

Today, it’s more important than ever to be looking at those investment statements. And if you do open them up you might be thinking “What? I thought I had more money there”, but you don't because the stock market may be down at that moment in time.?

If we measure just the stock market alone, or we watch TV every single night and hear that the Dow is up or the Dow is down, what does it really mean for you? What does it mean for you and your family? What does it mean for a possible legacy that you might leave today? If something happened to you, all of those things need to be considered.

In fact, take those December 31st statements that you get every single year and look back one, three, and maybe five years. They will show your contributions, investment returns and the value of your account. If you want to find a true rate of return, you need a calculator to determine that.? What is on your statement, I consider paper money. It's not real money, it’s something that's written at a time where either you have a lot there or all of a sudden you've lost some money. Where did it go??

People worry that if they lose this money, it will never come back. You will hear pundits on TV say that it will come back, you just have to wait and try not to get out of the portfolio that you're in.?

What should you do when the market is down?? Do you move from one portfolio to another?? Do you go to cash? What is the best solution for you? It all depends on your scenario and what you have backing up the assets that you're looking at on paper.?

When I work with you together we will take a 360 degree look at everything that you have, what risks you're exposed to, what happens with that money if it goes down and you need it, and where else can you turn to when you need to get at that cash.??

Those types of things affect all of us. In fact, in the year that the stock market dropped in 2008, both the House and Senate suspended the RMD for 2009.? Unfortunately, people who “had” to take a required minimum distribution from their pre-tax accounts were hurt the most as they had nowhere else to turn to get access to cash.? When they have to take those monies out in a down market, they lost even more later on.

You don’t want to get yourself in that position. Let's take a look at it sooner, rather than later.

Schedule a call at https://go.oncehub.com/GinaWells!? You will be glad you did!

Investment Advisory Services offered through Retirement Wealth Advisors, Inc. (RWA) an SEC Registered Investment Advisor.? Gina Wells, Advanced Capital Group d/b/a Financial Design Strategies, Brookstone Capital? and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.