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Essential Asset Management, LLC   

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Schwab's CIS Sums up This Strange Market

Posted on January 21, 2016 at 9:45 AM Comments comments (424)

I won’t begin to say that we have had a tough start to the year…..However, this is a great read from Chief Investment Strategist Liz Ann Sonders

 

at Charles Schwab, putting things in perspective a bit. Naturally, this doesn’t take away the sting of a close to 15% decline

 

from June of 2015 until now but it does give some good reading on history and how long past corrections have lasted and unfolded.

 

Remember, not too long ago, in 2011, under different circumstances the Dow dropped about 20% and recovered.

 

 

Here a couple of quick bullets, the full story is below, which I would recommend spending a quick 10 minutes to read.

 

 

http://www.schwab.com/public/schwab/nn/articles/Changes-Turn-and-Face-the-Strange-Market

 

 

Key Points

 

•Worst start to a year in history

•Barring recession, pain should be limited to correction, not bear market

•“Smart money” getting more enthusiastic

 

 

Please let me know if you have any questions pertaining to your own personal financial circumstances,

 

 

Steve

 

Don't be scared...

Posted on January 20, 2016 at 5:30 PM Comments comments (186)

Check out my article published by Paladin Registry on why most people fear financial planners, and what to do about it:

Top Five Reasons People Are Scared of Financial Planning


One critical expense...

Posted on January 20, 2016 at 5:25 PM Comments comments (184)

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