Client Update – August 2019

I hope that you are having a great summer and trying to stay as cool as possible in this crazy heat. This is the last week of summer for my youngest kids, and they are milking it for all it’s worth. The poor teachers are already back to it today, preparing their classrooms and attending in-service meetings.

The stock market has had a rough start for the month of August, particularly today. However, it is always good to keep a long-term perspective. While the S&P has dropped by over 5% during this last week, it is still up year-to-date by over 13% and is up over the last five years by 47%. No matter what the market is doing in the short-run, having a properly allocated, well-diversified portfolio is always the best solution.

What it means to be properly allocated is that your investments are not all invested in one strategy. In the portfolios we utilize, between 20-40% of the investment dollars are in fixed-income holdings that are not directly impacted by the stock market fluctuations. In addition, having your holdings well-diversified means that you do not have all your “eggs in one basket.” There is no large percentage of your dollars at stake if any one company struggles or fails. We are always going to have ups and downs while investing, but keeping a long-term perspective keeps us from making an emotional decision when the market is down. If you are concerned, you can always give us a call.

Please join us in praying for the families of the victims of the shooting tragedies that have occurred. We are asking God to give them supernatural peace and comfort in this terrible time. God bless you, and I really appreciate having you as a client!


Jamie Freeman, CFP®, AIF

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