Concerns about the U.S. Dollar
Recently, there has been a lot of chatter about the U.S. dollar losing its status as the world’s reserve currency, which I recognize may feel both confusing and concerning to many.
Protecting Retirement Income
Ideally, no one wants to enter retirement during a prolonged and significant market decline. After all, a market shock reduces a client portfolio's value, diminishing the amount that can safely be withdrawn. There are levers that can be pulled to help increase your chances of meeting your retirement goals even during dips in your account values.
Importance of Dollar Cost Averaging
No matter what your goal is for the money you invest, you can get there faster by continuing to add to your portfolio on a regular basis. Especially when the stock market recently dropped.
Diversify with International Stocks
International stocks represent 44.9% of the global market a figure too large to ignore. So, by owning international stock investments, you can diversify your portfolio and take advantage of opportunities by leading companies in emerging and other developed stock markets.
Opportunity or Caution
There are times when investors should be more aggressive and times to be more conservative. History clearly shows that most investors mistime their aggression.