The Stock Market was extremely volatile this January. CBS News again rushed over a camera crew to my home to discuss what people should do when the stock market gets volatile. I speak as both an investor and a fiduciary Certified Financial Planner service people across the greater Los Angeles area and through the country.
DAVID RAE, CFP®, AIF® is a Los Angeles-based retirement planner with DRM Wealth Management. He has been helping friends of the LGBT community reach their financial goals for over a decade. He is a regular contributor to the Advocate Magazine, Investopedia and Huffington Post as well as the author of the Financial Planner Los Angeles Blog. Follow him on Facebook or via his website www.davidraefp.com.
“Stock Market Volatility Los Angeles” Originally Appeared on the KCAL 9 News.
The opinions voiced in this article are for general information only. They are not intended to provide specific advice or recommendations for any individual and do not constitute an endorsement by DRM. To determine which investments may be appropriate for you, consult with your financial professional. Please remember that investment decisions should be based on an individual’s goals, time horizon, and tolerance for risk. Investing involves risks including the potential loss of principal. There are no guarantees that any managed portfolio will meet its intended objective. Neither asset allocation nor diversification can ensure a profit or prevention of loss in times of declining values. All indices are unmanaged and are not illustrative of any particular investment. It is not possible to invest directly into an index. Past performance is no guarantee of future results.