Last week’s equity swoon reminds us that market downdrafts can come fast and furious and can last an indeterminate amount of time.
With increased market volatility, it doesn't matter if the cause is domestic political uncertainty (Dems/GOP/Trump), geopolitical (Russia/Syria/Euro/Brexit), World Economic (Puerto Rico/Brazil) or any other reason the media attributes to a sell-off.
What matters is that investors have implemented a strategy which seeks to weather these moments.
Large market declines, like we saw last week, are great reminders to check up on our 401k plans to make sure we have a strategy in place.
So, what’s YOUR strategy?
Fred Cook, MBA - CAVU Financial, LLC
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