How to invest
When thinking about how to invest in this current market, we can be guided by the legendary coach, John Wooden. He said, “Move quickly but prudently.” Financial indicators are coming from the Fed, congress and the global markets. That is a lot of information to filter when you are thinking about how to invest your money. Our Portfolio Strategy Team is constantly watching and analyzing all these variables. We are constantly in a position to move quickly but prudently.
Investing quickly but prudently
Sometimes you don’t want to move too fast because the change in the markets are temporary. This is what we’ve seen with the latest turndown. However, there are other times when it will take much longer for the market to turn back and in those times we believe you need to prudently move to cash.
We are not market timers but we are constantly watching the markets so our client’s portfolios will not take a beating in a downturn. We work with our clients to make adjustments to their portfolios based on these circumstances.
Greg Powell, CIMA
Greg Powell is President and CEO of fi-Plan Partners, an independent investment firm in Birmingham, AL, serving clients across the nation through financial planning, wealth management and business consulting. fi-Plan Partners creates strategies in the best interest of their clients using both fee based investing and transactional investing.