Last week, the Dow Jones Industrial Average was down a total of 1,000 points. That’s right, 1,000 points. Then, this morning, it opened up another 1,000 points down.

The last week has been a good example of how the markets go up slowly but when they go down, they go down fast!

Are we seeing the beginning of the bear market we’ve all been expecting? Or is this just another blip on the bull market run? The answer, of course, is no one knows.

But let me ask you an important question. Are you personally worried about it?

If so, I would respectfully suggest that your portfolio is not where it needs to be. And if it is not, you NEED to call us.

If you are a client, then odds are high that you are already being protected against downward market moves like those seen last week. This is EXACTLY WHY we spend so much time focusing on REDUCING PORTFOLIO VOLATILITY. Remember, consistency wins. You can live with a low return year, but you must avoid the big loss. That’s exactly what we do for you.

But if you have some questions, by all means, give us a call. We love to talk to you!

On the other hand, if you are not a client. Then now is the time to come in and visit before things get worse. Don’t make the same mistake you made in 2008. Don’t sit around and do nothing hoping things will get better.

Let’s use this as a reason, a nudge if you will, to take a small positive step. Just pick up the phone and give us a call. Schedule a time to visit with us. I know you will appreciate our thoughts.

We all hope, of course, that the markets will turn around and head back up again. With that being said, making smart choices is all about hoping for the best, but planning for the worst. Make sure you have planned for the worst.

The content presented is for informational purposes only and is not intended as offering financial, tax, or legal advice, and should not be considered a solicitation for the purchase or sale of any security. Some of the informational content presented was prepared and provided by tMedia, LLC, while other content presented may be from outside sources believed to be providing accurate information. Regardless of source no representations or warranties as to the completeness or accuracy of any information presented is implied. tMedia, LLC is not affiliated with the Advisor, Advisor’s RIA, Broker-Dealer, or any state or SEC registered investment advisory firm. Before making any decisions you should consult a tax or legal professional to discuss your personal situation.Investment Advisory Services are offered through SHP Wealth Management LLC., an SEC registered investment advisor. Insurance sales are offered through SHP Financial, LLC. These are separate entities, Matthew Chapman Peck, CFP®, CIMA®, Derek Louis Gregoire, and Keith Winslow Ellis Jr. are independent licensed insurance agents, and Owners/Partners of an insurance agency, SHP Financial, LLC.. In addition, other supervised persons of SHP Wealth Management, LLC. are independent licensed insurance agents of SHP Financial, LLC. No statements made shall constitute tax, legal or accounting advice. You should consult your own legal or tax professional before investing. Both SHP Wealth Management, LLC. and SHP Financial, LLC. will offer clients advice and/or products from each entity. No client is under any obligation to purchase any insurance product.
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