March 2020
401(k) Allocation
We now move to the maximum risk off for each risk level. If you feel you are still too exposed, you should consider moving down a risk level in the chart in order to decrease your stock exposure.
The amount of money currently being printed by both the Federal Reserve and the Bank of China will eventually find its way into this market. The coronavirus will eventually exhaust itself or we will find a suitable vaccine. And then it will be off to the races again – and you have some “dry powder” with which to profit when that time comes. Fair warning that that day may not come in the next month as we will be facing a very interesting earnings season the first part of April, so patience will be necessary. These are the days that help give us clarity on our personal risk tolerance.
If you have questions, please contact us.
MARKET UPDATE
FINANCIAL PLANNING
COLLEGE AND TAX PLANNING
GRAPHIC OF THE MONTH
To download the March 2020 Newsletter: CLICK HERE
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