November 2020
401(k) Allocation

There are changes this month and we are taking risk OFF.

While volatility around such a contentious election was expected, we feel the bigger driving reason behind the market’s sell-off right now is the resurgence of COVID cases in Europe and the ensuing lock-downs being imposed in France and the UK. At the early stages of the virus, we were six weeks behind Europe in the impact of the virus … will that prove to be true this time as well? Only time will tell, and because we believe the potential for other countries to follow suit and, frankly, for the election results to drag out for more than a day or two, moving a little out of an expensive market into cash seems like a pretty logical move right now.

As always, evaluate your personal “ulcer index” to the level of risk that will allow you to sleep at night, and then here is our updated allocation for November below.

If you have questions, please contact us.

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

To download the November 2020 Newsletter: CLICK HERE

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