August 2020
401(k) Allocation

No changes for August. 

So state all the models we look at to determine trends. That being said, there is much ahead of this country right now that could upset the apple cart with schools set to re-open, Washington in great debate about another round of economic stimulus and support for the unemployed, and the “battle fatigue” that is emerging from five months of fighting – first this virus and now, it appears, each other. The fact that the S&P is positive for the year in light of the stunning loss of jobs, homes, businesses, GDP … if you are on the conservative side, this might be a really good time to re-evaluate your risk tolerance and take some off the table. That’s an observation, not a trend, so this must be left to your “gut check”. Copperwynd Financial, LLC is a Registered Investment Advisor. Advisory services are only offered to clients or prospective clients where Copperwynd Financial, LLC and its representatives are properly licensed or exempt from licensure. This brochure is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Copperwynd Financial, LLC unless a client service agreement is in place. 

International markets, particularly emerging markets, are still trending more positively than the US, likely helped by a weaker dollar. For now, we’ll stand pat with the weighting we have given to international to see if this exhibits further strength. As always, if you need assistance in rebalancing your 401K plan, don’t hesitate to give us a call! 

If you have questions, please contact us.

MARKET UPDATE
FINANCIAL PLANNING
COLLEGE AND TAX PLANNING
GRAPHIC OF THE MONTH

To download the August 2020 Newsletter: CLICK HERE

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