Market Update – 8/4/15
Hey, I wanted to give you an update of where I believe we are with the market. As you may have noticed, the market has been declining over the last couple of weeks. To be honest, no one is 100% sure if this is the beginning of a correction (which is classified as a 10% drop) or a bear market (which is classified as a 20% or more downward move).
The more important factor for you and I to consider as it relates to your investment account is time horizon. Does your time horizon match the current allocation for your account? Another way of saying that is should this be the beginning of prolonged downward move, do you have the time to ride it out before needing access to your funds?
I want to make myself available to answer these questions one-on-one for you. I’ll have my assistant contact you shortly for an annual review or you can feel free to contact us (901) 209-4015.
Whatever the markets may bring, we’re hear to help you PLAN, PROTECT & PROSPER.