Your Turning Point

COVID-19 and the market’s reaction since late February has been scary.

Is your wealth management adviser helping you navigate through this crisis?

Is he or she managing your risk or just watching while Rome burns?

Is your adviser not only making sure your equity exposure is right for you but also choosing bonds that will actually make you money during a bear market in equities?

Does your adviser know how they’ll change your bond allocation if, and when, interest rates approach zero in the US?

If you find yourself answering “No” to any of those questions, then perhaps it’s time to look for another adviser.

Staying true to your plan is important, but so too is being flexible when confronted with unusual situations, like a global COVID-19 pandemic.

Doing nothing in the face of this unprecedented crisis could indicate you already had the perfect financial plan. If so, congratulations. If not, it could indicate dangerous inaction and painful financial devastation ahead.

While assessment of risk is usually focused on the amount of equity exposure in a portfolio, the opportunity to make money on the bond side of portfolios is often overlooked. That’s a lost opportunity.

Not at Capital Endurance Group. If you’re an executive in the Technology and Life Sciences industries in the Raleigh-Durham region of NC, and you think your portfolio and financial plan may not be where it needs to be, message me.

If you’re the kind of person I work with I’ll review your situation and give you a second opinion. If I think you’re in good hands, I’ll tell you. If not, I’ll tell you why not.

It’s turning points in markets where fortunes are made and lost. Don’t look back on this moment with regret.