February 2020
401(k) Allocation

Slight changes for February. Last month we peeled off 10% of the stock exposure across all risk levels in anticipation of market volatility created by the death of Iranian general Soleiman and the expectation of reprisals. Right action, but wrong reason! Having settled down fairly quickly (although still smoldering) the Iranian situation quickly took a back seat to the Coronavirus out of China. The potential for the quarantines and travel restrictions to have a negative impact on corporate bottom lines is very real and we will have benefited from the early move to reduce risk. This month we simply add a small piece to the cash position, removing the international allocation as foreign markets are even more susceptible to the impact of slowing trade. 

As always, if you need assistance with your reallocation, please don’t hesitate to reach out to us. Remember to change both your CURRENT investments as well as your FUTURE investments when you complete your reallocation. 

If you have questions, please contact us.

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

To download the February 2020 Newsletter: CLICK HERE

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