Broker Check
Market update

Market update

June 20, 2022

Today I watched a market update by Kara Murphy, the Chief Investment Officer of my broker-dealer, Kestra Financial.  As always, there was plenty of good news and plenty of bad.  Unemployment is low.  Inflation is high. Valuations are better.  

During times of volatility, it's especially important to reach out to your financial advisor if you have questions or concerns.  Vanguard did an extensive study about the value of financial advisors and found that the most significant way that we add value is by talking clients through a bad market so that you don't sell at the wrong time.  

Don't be shy!  If you need reliable information, or just a little hand holding, call your advisor.  

And remember...  Warren Buffet said, when investing, be fearful when people are greedy and greedy when people are fearful.