Compelling Wealth Management Conversations
Ideas to help financial advisors guide client investment decisions and keep them on track.
Compelling Wealth Management Conversations is a program designed to help provide philosophical and historical context and perspective to keep investors “buckled in” and stay the course during uncertain times (and when have times not been uncertain), while providing a framework to help identify the best opportunities going forward.
30 years ago, the market experienced the worst single day crash ever. But the S&P 500 was still positive in 1987.
Market corrections happen fairly often and even in the good years, including fairly significant intra-year declines in recent strong-return years like 2010 and 2012.
So let's take a page from Warren Buffet, when asked by a CNBC personality in 2009 how it felt to have "lost" 40% of his lifetime accumulation of capital, he said it felt about the same as it had the previous three times it had happened.
The bottom line is, market corrections do not equal a financial loss... unless you sell.
We have received your request and an email with the PDF will be sent to your email. Please allow for a few minutes for the email to arrive.
How our investment teams think about these big-picture trends shaping our lives.