I’ve written and communicated to clients all throughout 2022 that the best course of action when markets are volatile, is to sit tight and ride it out. During periods of readjustment such as the one we’re going through right now, the key to remember is – the market price of the stock or fixed income vehicle is not all that material in the shorter-term. What does matter is the individual company’s ability to continue paying the quarterly dividends and/or interest.

I have every confidence that my clients have the tools to get through this difficult period, because they have demonstrated resilience and a willingness to stick with the high-quality investments we have in the portfolio, over the number of years we’ve worked together.

I encourage everyone to listen to this short 10-minute interview with Janet Engels, Head of the Portfolio Advisory Group in the US. You can listen to it HERE. I think you will find it helpful in terms of how to digest the current interest rate/inflation landscape. It seems apparent that the market is currently trying to find a floor. Sentiment is still quite bearish, which can often be a good sign, in terms of where the bottom in a cycle might be.

I’ll leave it at that for now, but please do remember, I’m here to answer any questions or concerns you might have.

Thanks,

Libby

 

 

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