Perspective... WISE WORDS
Submitted by Hilpan Moxie Wealth Management, Inc. on August 21st, 2015Friday, August 21, 2015
So what happened this week? Devaluation of the Yuan? Fear of a global slowdown? The Fed wavering about a hike? Feel free to choose your favorite headline as to why this week's market sank, plunged, tanked, crashed or as CNBC recently headlined it: "TECH GOT BUSTED." For the less dramatic, the market went down because there were more sellers than buyers this week. Though the former sentiment is more newsworthy.
Let's use this as an opportunity to re-familiarize ourselves with our Investment Philosophy. Okay, ready?
Our Investment Strategy is analyzed thoroughly on a periodic basis (i.e. recall our recent round of quarterly client reviews); where our financial goals (i.e. remember our FPR) are quantified and qualified so that we aspire for adequate returns while any short-term needs are identified so that we can deliberately protect our assets.
In other words, We are prepared. Enjoy the weekend!