FINANCIALLY
Speaking
Surviving and Thriving
through Uncertain Times
We
are currently experiencing the longest ‘Bull Market’ in market history, so many people
have been anticipating that the ‘other shoe’ will drop sometime soon. Unfortunately,
many people, expecting this ‘Bear Market’ to happen a few years ago, turned all or
most of their investable assets into cash. As the cash sat idly on the sidelines, in some cases for
years, they missed the opportunity for a lot of positive growth in their portfolio.
Don’t React, Act
1.
Jeffrey M. Orth is a
Chartered Financial
Consultant, a Certified
Advisor in Senior Living,
and an Investment Advisor
Representative, with over
20 years of experience as
a business and personal
planning, insurance,
and wealth management
specialist. Jeff is available for
group lectures and private
consultations. Visit integrated-
financialbenefits.com or call
408.842.2716.
Jeffrey M. Orth is a registered
Representative of, and
Securities and Investment
Advisory services offered
through Homor, Townsend &
Kent, Inc. (HTK).Registered
Investment Advisor Member
FINRA/SIPC,16845 Von
Karman Ave, Ste. 225 lrvine,
CA 92606 (949)754-
1700. I Fit is unaffiliated with
HTK. CA Insurance License
#0C49291
2500488AL_APR21
Bursting stock bubbles, national security
concerns, corporate scandals, social media
trolls and fake news have made it more
diffi cult to keep a level head when it comes to
your investment portfolio. Let’s focus on some
things that could actually help you.
Don’t delay planning:
• A lot of opportunity has been missed by
people waiting for things to be just right
before developing and funding a retirement
plan.
• Consider using a fi nancial planner to help
you make informed decisions related to a
balanced portfolio.
• Ask your fi nancial planner to ‘stress test’
your portfolio so that you can see how it
would have done historically. While this is
no guarantee of future performance, it can
give you a pretty good idea of how it might
hold up in down markets and the potential
for growth in up markets.
Plan for longevity:
• Nobody knows how long they are going to
live, and retirement could last 30 years or
more. For a married couple both age 65,
there is a 63 percent chance that one
spouse will live to age 90. *
Maintain a long-term conviction in a
short-term world:
• Develop a plan that anticipates the reality
that market downturns are followed by
upturns.
• Remember that you were aware that there
would be down-turns in the market and
accept them as part of your overall plan.
• Try to avoid making decisions based on
emotions, including fear.
• Learn from history and the relationship
between market downs and ups.
Look for positive signs:
• Combat the tendency to buy into media
hype. The expression, “If it bleeds it leads,”
GILROY • MORGAN HILL • SAN MARTIN
june/july 2019
may serve as a metaphor for radio and TV
news and talk shows. Negative news sells.
• Social media is replete with examples of
misleading or completely false information.
It would be wise to avoid it as a source of
reliable data for your opinions and as a basis
for buying or selling anything, unless you
are willing to fact-check everything that you
might use in making your decisions.
• Sir John Templeton once said, “Bull markets
are born on pessimism, grow on skepticism,
mature on optimism and die on euphoria.
The time of maximum pessimism is the best
time to buy.
• When the market is down, it may be a good
time to buy more shares while they are selling
at a lower cost.
There is power in having a knowledgeable
fi nancial planner and an active investment
manager:
• Having a professional help construct a port-
folio designed to endure and prosper in
volatile markets might be benefi cial.
• Having an advisor who is studying the market
daily looking for trends and opportunities
could be of value.
• The time when you most need a professional
is when markets are volatile, to remind you
that the market's inevitable pull-backs were
factored into the overall plan from the
beginning, and that you are in this for long-
term results.
Don’t React, Act NOW
Procrastination is probably not your best planning
option. Find a capable fi nancial planner you feel
you can trust and get started today!
*Annuity 200 Mortality Table of the Tax Foundation
The author’s opinions, comments information, etc. are those
solely of the speaker and are independent of, and do not
represent, HTK, and should not be considered as specifi c
investment or planning advice. Please consider your options
based on your individual circumstances. Past performance is
not indicative of future returns. gmhTODAY and other listed
entities are independent of and unaffi liated with, HTK and
Integrated Financial Benefi ts Network.
gmhtoday.com
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