A couple of questions (survey)
Good morning!
I'd like to kick things off by asking for your help...
Please click here to complete a brief survey that should only take you 1-2 minutes.
It's been a while since I asked for structured feedback from you, and I'd love it if you could share your perspective to help shape the future of this newsletter.
Thank you in advance! 😊
And outside of the short survey above, you're ALWAYS welcome to reply to any of my emails and ask a question or make a suggestion.
This week I wanted to share an idea I've written about before, though it's been a while.
It's what I like to call,
"Don't just do something, stand there."
When the market is bouncing around, one of the most challenging things in the world for you and I to do is nothing.
We want to take action.
We want to feel like we're being proactive.
We want to just do something!
But "something" is often the worst thing to do in a volatile market.
Remember to focus on the things within your control.
Now having said all that, I'm not suggesting that we turn a blind eye to what's happening in the markets.
That's certainly not what my portfolio management team and I have been doing for the past few months.
If you're a client, you've almost certainly received notifications of some transactions in your account(s).
Aside from normal deposit and withdrawal activity, these transactions are representative of the few "somethings" that do make sense right now:
Be sure to click the links immediately above if you'd like to learn more about these strategies.
In summary, it would be inaccurate to say that I subscribe to a simple "buy and hold" strategy, although it remains a core concept in which I believe.
And it's how I invest personally.
Instead, I might call it a "buy, hold, and manage" approach to investing.
It simultaneously avoids our collective temptation to just do something... anything.
While at the same time making sure we're managing your portfolio's risk relative to your financial plan and looking for opportunities to capture some tax benefits along the way.
If you have questions about any of this, hit reply and let me know.
Otherwise, "don't just do something... stand there."
Links & Things
I recently met a woman named "Greg."
In fact, she invited me to join her on her "Rebellious Wellness Over 50" podcast. If you'd like to listen to our conversation, here it is:
A stark, but important, reminder:
We all think we have plenty of time. Until we don't.
Don't put off living your best life today.
This idea is foundational to my approach to financial and retirement planning.
Before you go, be sure to click here and complete my short survey.
Thank you, as always, for reading.
And if you have any questions or an idea for a future newsletter, blog post, or YouTube video, I'd love your input.
Just hit reply - I read (and appreciate) every email you send.
Until next Wednesday,
Russ