Market Updates
Fed Rate Cut Alert!
The Federal Reserve just cut rates by 0.5%! Wondering how this impacts your investments and financial goals? Watch my latest video where I explain the recent rate cut, what it means for your portfolio, and why you shouldn’t rush to make changes just yet. From bonds to stocks, I’ll walk you through key insights and strategies to help you stay on track. Let’s navigate this together and make sure your financial plan remains strong, especially if you’re near or in retirement.
-- Todd Doleshal, CFP®, ChFC®, CLU®, CEPA®
Market drop - blip or cause for concern?
The stock market has been quite volatile recently, particularly for growth stocks. To navigate this, I’ve advised my clients to adopt a more conservative approach by increasing cash holdings and underweighting bonds. Despite recent fluctuations, it’s crucial to stay invested and avoid panic. Remember, we’re not in a recession—GDP growth remains positive. My clients have over 24 months of projected distributions set aside in cash, helping them weather downturns without selling stocks or bonds. Want to learn more? Watch my latest video where I explain these strategies in detail and how to keep your financial plan strong. Reach out with any questions!
- Todd Doleshal, CFP®, ChFC®, CLU®, CEPA®