There’s a burglary in your neighborhood (not your house, fortunately), but you have a 2-week trip planned and no one will be home.
What do you do to protect your home while you’re away?
Do you take precautionary measures?
Talk to neighbors and ask them to keep an eye on your house?
Maybe activate an alarm system or install cameras?
If you’re like most people, you’d spend at least a few minutes proactively planning so your home doesn’t get broken into or burglarized, right?
Just for a moment, I want you to think about why you’d take these steps.
Control What You Can
Ultimately, whatever happens, while you’re gone is completely out of your control, right?
I’m guessing you’d argue back, “Yes, it is out of my control, but I CAN control a few things, and I’m willing to do everything I can to protect my home!”
Your mindset is 100% logical.
For sacred possessions and relationships in our life, we do everything we can to control the uncontrollable.
So let me ask you this…
Are you taking the same approach that may help protect your investments from a volatile market?
Volatility is Here
Like the burglar lurking through the night in your neighborhood plotting his next break-in volatility here.
You don’t know when the burglar will strike, or which home he’ll hit.
Chances are he’s going to go after the most vulnerable house with minimal lighting and no alarm system.
Just like volatility or downturns could metaphorically “rob” certain investment portfolios of value because they are more vulnerable than others (that’s why it’s so important to proactively prepare by assessing your current situation).
Unlike a home whose valuables are insured and mostly replaceable (except those heirlooms and sentimental pieces), your investment portfolio isn’t insured against market loss.
That’s why it’s so important to take these crucial and proactive steps that may help protect your investments.
Get Our Volatile Market Flowchart
In the wake of recent market volatility predictions, I prepared this 4-minute read and flowchart that I think you’ll find incredibly valuable.
My team’s most recent publication, Investments Facing Volatile Markets: A Simple Flowchart to Determine What (if Anything) You Should Do, will guide you through an extremely simple 3-step process to discover:
- How to assess your current investment situation whether you’re 10 years away, 5 years away, or already in retirement
- The 3 or 4 critical questions you need to ask yourself that will determine what you should do next (if anything)
- Your level of confidence with your current investment strategy and what you can do about it
You’ll leave with a crystal-clear picture of what you should do next (if anything) that may help preserve and protect your investment health — just like how you’d protect your house while you’re away.
My goal in sharing this free article with you is to help you feel confident that you’ve done everything you can to control the uncontrollable.
You have retirement income you’ll be depending on in the next 10 years, 5 years, or maybe even right now.
Please take the time to examine this flowchart — it will empower your work-free life!
Need Help or Perspective?
If you have any questions, we’re here to help.
Just contact my office directly at (559) 592-3200 or schedule a FREE consultation call on your own.
Garrett German offers products and services using the following business names: Harvest Wealth Group – insurance and financial services | Ameritas Investment Company, LLC (AIC), Member FINRA/SIPC – securities and investments | Ameritas Advisory Services (AAS) – investment advisory services. AIC and AAS are not affiliated with Harvest Wealth Group.
Representatives do not provide tax or legal advice. Please consult with your tax advisor or attorney regarding your situation. Trades cannot be communicated to your Representative by e-mail, fax, or regular mail as the transaction may not be executed on a timely basis. Please contact your Representative by telephone to request trades and do not use e-mail to send confidential information or time-sensitive instructions. Performance quoted does not guarantee future results. Please refer to your regular periodic statement for complete information.