Updating You on the Markets This Week and Your Portfolios
March 8, 2022
Welcome to Wealth Enhancement & Preservation’s Market Minute, where we get to update you on everything that happened in the financial markets this past week. My name is Jake Sanders, and I am a partner at Wealth E&P and operate as a Wealth Advisor and Certified Financial Planner.
Today, our team is actually out of the office! We're currently at our annual team retreat, where, among other things, we talk about what's been going well, what hasn't been going so well, and ultimately what we as a firm can do to serve our clients better.
I wanted to take a break from all of that action and make sure you know, as clients, that we're paying very close attention to all the market volatility that's been going on as of late. More recently, this is obviously due to the Russian and Ukrainian war. Even more recently, the rising oil prices that are largely due to this war are also causing concern. Underlying all of that are the fears around inflation and rising interest rates that we've been seeing for the most part of this year in the markets.
If you are a Wealth E&P client:
- If you're in a moderate portfolio, know that you have been de-risked; this happened in the early part of January.
- If you're on the very conservative side of moderate or if you are a conservative client, you're even more conservative in your portfolios right now.
- If you are an aggressive client, we have taken some risk off the table.
If you have any questions about that, or if you have any concerns, we'd be happy to talk to you. Please feel free to reach out or visit www.wealthep.com. Otherwise, stay tuned for our Market Minute next week! We hope you all have a great week.
| The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. |
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At Wealth Enhancement & Preservation, we are here to serve as your financial advisor and source of support in the Alpharetta, GA, Cartersville, GA, and Charleston, SC areas. Our advisors are dedicated to simplifying the complexities of the financial world and as your advocate, we strive to learn about your most valued goals and dreams. From individual investors to entrepreneurs, our services are designed for your success.
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