Time for a Portfolio Check-Up
Do you own investments such as mutual funds, which you've held for years? Are you fuzzy on the objective of the funds and how they have performed relative to their benchmarks? Has it been a while since anyone has taken time to review and analyze your holdings? If this sounds like you, the New Year presents an opportunity to conduct a portfolio check-up with our CFS* Financial Advisor. We employ tools such as Morningstar to analyze our Member's fund positions.
Rebalance to Avoid Unecessary Risk
According to the College For Financial Planning, less than 45% of investors actively rebalance their portfolios after the initial allocation. Over time, the asset mix in a portfolio can begin to drift from its original allocation – this is especially true during periods of extreme volatility. If an asset class performs well for an extended period of time, it can grow to become a higher percentage of a portfolio and subsequently have a much higher impact on the intended overall risk and return of the portfolio going forward. Rebalancing can be a crucial element in helping to reduce risk while ensuring a portfolio remains aligned with an investors intended investment plan.
We are Available to Help
Get the answers to your questions from a professional with more than twenty years in the investments business: our Financial Advisor, Stephen Seewer. Stephen is a full-time employee of SF Fire Credit Union and is registered through our broker-dealer with CUSO Financial Services, L.P. He is available to meet you at either of our locations - including Saturdays. You can reach Stephen at 415-674-4846 or firstname.lastname@example.org.* Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. SF Fire Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.