Each week, Jim Byrd and Biff Hamel host a popular radio show, Safe Investing in the New Economy, heard on WABF 1480 AM and FM Talk 106.5 and Fox News Radio 710 WNTM. Jim and Biff share their wisdom and experience on retirement planning and investing for a safe, happy retirement. Also available as a podcast on iTunes and on the website. This weeks topics:
Understanding Stock Market Risk
This year, the stock market is much more volatile than in 2017. We look at the broad economic indicators to assess market risk. Stock market changes are often due to changes in the economy, investor sentiment, widespread trends and dozens of other economic indicators. We’re concerned about rapidly rising interest rates, rising inflation, the levels of both the Gross National Product (GNP) and the Consumer Price Index (CPI). Stock prices are high and we believe the only thing holding up the market prices right now is the positive state of the economy in general.
Understanding Your Retirement Portfolio Risk
Is your portfolio positioned to withstand a potential market downturn without impacting your income or lifestyle in retirement? If not, please call us for a complimentary evaluation. By measuring your risk tolerance and comparing it to the actual risk represented by your current portfolio, we can identify potential problems before they happen and make recommendations to help you manage the risk in your portfolio. We can offer you secure, safe, risk-free alternatives to the stock market with market returns.
When investing for the long term, the common thinking is that you can make up market losses over time. That’s true if you’re in your 30’s. But we believe the current level of market risk and volatility makes the stock market a dangerous place to be if you’re approaching retirement or already in retirement. Can your retirement portfolio weather a major market correction? Most retirees do not have time to wait for the market to go up again after a major correction.
Listen to the broadcast for the rest of this interesting discussion about market volatility and risk to your retirement portfolio. And share with a friend!
Call soon to register for our February seminars:
- February 20, 6:00 pm Briquette’s restaurant in Mobile, AL
- Febuary 22, 6:00 pm, Jesse’s Restaurant in Magnolia Springs, AL
If the seminar is full, we can put you on a waiting list for another date. It’s always a good idea to bring your spouse, if you have one, or a friend and we’ll buy your dinner. Seats fill quickly so call our office soon at 251-625-1226 and RSVP.