Market volatility has been a powerful force this year giving investors a wild ride. In one week in August the Dow Jones Industrials traveled 3,141 points.
Volatility is likely here to stay. In some regards it is nothing new. Each year we can expect the market to experience a significant correction, which over the last 30 years has averaged almost 15%.
Check-In with Your Advisor
So what should the individual investor do in such volatile times? The best course of action is to review your holdings with your Financial Advisor, and from there, decide if any action is indeed necessary. This placates the natural desire to "do something", but helps keep emotions in check.
Assistance Awaits You
Our CFS* Financial Advisors are here to help you manage volatility and steer you in the direction of investment success. You can reach Dennis Adams at 415.674.4845, and Stephen Seewer at 415.674.4846.*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.