Market and Account Update
I believe the stock market is at a major inflection point and odds favor markets falling in the near term. I noted this in our last update that went out May 4th. Since then, market technicals have further weakened, and as a result, stocks are even more at risk of falling.
I have put together a video that highlights where we see markets going from here and how we have client accounts positioned.
The first part of the video is a technical overview of the stock market and in the second part, I explain how client accounts are currently allocated.
The video is only 22 minutes long and my explanation of how we have our client accounts allocated starts at 16:28.
To view the video click the link below:
Now is the time to reevaluate your retirement account allocations, not later after you have incurred substantial losses.
If you are worried about how your retirement accounts are allocated, shoot me an email and we can schedule a virtual meeting to review your holdings and investment strategy.
Craig Thompson, ChFC
Asset Solutions Advisory Services, Inc. is a Fee-Only Registered Investment Advisor specializing in helping the needs of retirees, those nearing retirement, and other investors with similar investment goals.
We are an “active” money manager that looks to generate steady long-term returns, while protecting clients from large losses during major market corrections.
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Asset Solutions is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
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