It's What You Keep

May 7, 2013

With the recent market rally there has been a lot of talk about the sustainability of this run up. It is important to always take a step back and keep things in perspective. When building an investment strategy, by definition, you should consider protection first and promotion of growth second. As the risk appetite begins to increase keep the chart below in mind. During the last 33 years,the markets have sustained an intra-year drop on average of 14.7% - this correction can happen in positive years and negative years.The big picture needs to focus on keeping your strategy in check and avoiding speculation. At the end of the year, riding all the highs of the market will not mean as much if you give it all back. We know that a market correction is inevitable; we just don’t know if it is imminent!

If you have any questions or would like to discuss your portfolio, please contact us.

As always, thank you for allowing us to serve you!

 

Sincerely,

Edward J. Kohlhepp, CFP^®, ChFC, CLU, CPC, MSPA

Edward J. Kohlhepp, Jr., CFP^®, MBA

 

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