Are you paying enough attention to your Portfolio?
Dr. Marcos Levy
Money and Time are invaluable assets. With time, you can make money, but money does not buy time. We could help you create a strategic financial plan to make your future come true.
The economy is facing turbulent times amid the spread of COVID-19. Market volatility is at an all time-high, and many advisors and their investor clients are looking for new and creative ways to navigate the financial impact of the pandemic.
The Coronavirus is on everyone’s minds these days. This is an unprecedented time for the U.S. economy and stock market, with much of the action being driven by COVID19 pandemic numbers and questions about when the U.S. economy will “reopen,” as well as what lasting impact the pandemic will have on the U.S. and global economies. Before the Coronavirus pandemic shut down large parts of the economy, corporate balance sheets were robust and payout ratios have been generally low over the last few years.
The effect of the pandemic on the market is manifested through price volatility, defaults, downgrades and an uncertain outlook are compounding the complexities and number of issues that require consideration when managing high yield allocations, but the good aspect of it is that it brings back your attention to your financial portfolio strategy.
NOW THAT YOUR PORTFOLIO GET YOUR ATTENTION, USE THIS OPPORTUNITY TO REVIEW YOUR LONG TERM GOALS. We can help you with this delicate task. Why are you investing? and how can your money best be deployed for THAT SPECIFIC PURPOSE. Are you saving for a down payment on a house, your children college education and your retirement would probably all call for different strategies, new questions can't be answer with old answers, new creative strategies and approach are necessary to ensure that the soon-to-be-retiree savings can last throughout retirement. Add to this fact that many soon-to-be retirees may have insufficient retirement account balances to begin with and the need for extending one’s life savings through capital appreciation becomes even clearer.
Keep calm and stay diversified. We have more than a century of data showing that on the whole, the market keeps rising. The same, alas, can't be said of individual companies.
We don’t know how long the current economic uncertainty will last, but there is compelling evidence for pursuing a dividend-growth strategy. The effects of inflation coupled with near future potential of higher tax brackets as a consequence of the national multi-trillion debt increased by the pandemic government disbursement, and the sudden acute deflection of employment in 2 digits make even more challenging for investors to make clear decisions.
This unforeseen new reality will have lasting consequences that force us to rethink our retirement scheme & priorities under a different schedule, more flexible and focused on sustainable success.
Marcos J. Levy