October 2022
401(k) Allocation

There *may* be trades.

By Lynda Elley

Markets have been very punishing for growth stocks, value stocks, and bonds alike. There has been no safe place to hide since our rallies back in July. Times like this often lead to a situation known as an “oversold” market, which typically indicates a good time to buy. As is so often the case with the stock market – these buying days come when you probably feel more like hiding your money under the mattress! So the *maybe* trade this month will affect the Aggressive Growth and Growth allocations only, where we are recommending to add 10% of your stock position back into the markets. Understand that cheap markets can get cheaper, so this is not a perfect indicator by any means, but if you are a long term growth investor, this may represent an opportunity to take advantage of the fear that has led to the broad sell-off we have seen. If you are in the Moderate / Balanced / or Conservative allocations, there are NO changes to the 401K allocation and we are standing pat with our risk-off positioning.

As always, if you need assistance with rebalancing your 401K / 403B / 457 plan or we have not yet created a personalized “de-coder ring” for you, please reach out to us at the office and we will be happy to help

If you have questions, please contact us.

MARKET UPDATE
FINANCIAL PLANNING
FRAUD ALERT
TAX PLANNING

To download the October 2022 Newsletter: CLICK HERE

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