Today's Stock Market

 

 

 

 

 

 
   
 

A Message from Northwest Financial LLC’s President, Kevin D. Fisher

Many people are rightfully concerned that we are officially experiencing a “bear” market, defined as a 20% drop in market value. In a down market such as this, many investors lose focus of their long-term goals and make impulsive or illogical decisions regarding their investment and retirement plans.  However, the decisions you make about saving and investing should be based on your long-term goals and not on your fears about what’s happening this week in the stock market.  Furthermore, investors who view market declines as opportunities can be rewarded over the long-term.  
 
It can be reassuring to learn that most recessions are fairly short. In fact, of the 10 recessions since World War II, only two lasted more than a year.* No matter what the economy, we always recommend that investors keep these strategies in mind:

  • It’s natural to be concerned but don’t panic; have a trusted advisor guide you. 
  • Save before you spend, and invest at regular intervals, regardless of the market.
  • Minimize your risk through portfolio diversification and proper asset allocation. 
  • Understand and review your investment strategy; make sure it is aligned with your goals.
  • Consider investing globally**, as international markets experience different cycles than the domestic market.
  • Avoid trying to “time” the market.  If you do, you risk missing the best days. 
  • Even after you retire, continue to manage your retirement account to combat inflation and grow your account balance.

Most importantly, we’d like to mention that our firm is in excellent financial condition. Even if this weren’t the case, Northwest Financial Group is a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $100,000 for claims of cash). An explanatory brochure is available upon request or at www.sipc.org.
  
We are here to help investors weather the storm. Our financial representatives can help you review your personal investment goals, time horizon, risk tolerance, and financial circumstances.  If you would like a review of your current investment and/or retirement plan, even if your plan is held through another firm, please contact us at (703) 810-1072, ext. 110, or via email at contact@nwflc.com.

*American Funds Lit. No. MFATFL-026-0707/1107P
**Consult your advisor concerning potential risks associated with international investing such as currency fluctuations and economic or political instability.

   
   
 

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