401K

Updated 1 year ago

The stock market has been volatile. It may continue in that pattern, or not. If we knew the future with certainty it wouldn’t involve risk. So what do you need to do, or what should you do with your advisor?Where are you? How are you doing? Are your investments up of down? With weekly swings of hundred points on the Dow Jones Industrial Average how your investments are doing today could be very different than how they were doing last week.Your Goals- How do your investments compare to your goals? If you are an aggressive investor and your portfolio is swinging up and down, that may be expected. If you are a moderate or conservative investor you may or may not see your investments moving a great deal. The Economy- Now consider the overall economy in Europe, Asia, the U.S. and around the world. Every economy has downward pressures and risks, such as political situations and credit risk, as well as areas of growth such as consumer spending and company profits. In every economy there are reasons to hope and to fear. Depending on how you see it will your investment strategy be determined.Your View- So how do you see things going forward? Do you see individual businesses pushing ahead in difficult times or will the economy come to a screeching halt with Will Smith walking down a dusty road and our food being eating from dumpsters? Your risk tolerance, goals and other financial questions are the essential elements in figuring out how to position your 401k. Your investments probably provide you with options that offer you a variety of investments for you. Take a look and answer these questions to make your decisions. Marion R. Syversen, MBA – PresidentNorumbegaFinancial207.862.2952Marion@NorumbegaFinancial.com Check out our website that includes weekly streaming videosWWW.NorumbegaFinancial.com Vote Norumbega Financial for Bangor’s Best Financial Planning Firm at Market Surveys of America In compliance with requirements from FINRA, all e-mail sent via the WSFG domain will be subject to review and archiving by Wall Street Financial Group, Inc. Email management, archiving & monitoring technology powered by Smarsh, Inc. Disclosure:Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Wall Street Financial Group, Inc. and Norumbega Financial are separate entities, independently owned and operated.


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