Elizabeth M. Bennett, MBA Principal and Certified Financial Planner™Intercoastal Wealth Planning
As head of Intercoastal Wealth Planning in Boca Raton, Certified Financial Planner™ Elizabeth Bennett shares her insights from nearly 35 years in finance with a wide range of clients, helping them to understand the ever-fluctuating market, and designing custom plans to steer them toward financial freedom and independence.
“We know volatile markets can be unnerving, and we are keeping a close eye on the fluctuations. More importantly, we’re watching to see if any new long-term trends emerge that may affect how your portfolio is allocated,” Bennett notes. “When markets fall, it’s easy to forget that downtrends are part of the investing cycle. Therefore, when prices slip, it’s a good time to review some common terms that describe today’s financial markets.
“The first is ‘pullback,’ the mildest form of a drop in the markets. You might hear a market commentator refer to a dip of 5% to 10% after a peak as a pullback. “The next term is ‘correction,’ which is used when markets drop 10% to 20% after a peak. Then there is a ‘bear market,’ where the drop is 20% or more since the last peak.
“When prices are trending lower, it’s easy to second-guess yourself. But over the years, I’ve found that doesn’t help. “We’ve aligned your investment strategy with your goals, time horizon and risk tolerance. We built your portfolio anticipating that there will be good times and bad.
“If you find yourself thinking ‘this time, it’s different,’ please reach out as soon as possible. It’s important that you feel comfortable with our approach, and we’d be happy to talk with you,” says Bennett.
INTERCOASTAL WEALTH PLANNING
561-210-7339
intercoastalwealth.com
Securities offered through J.W. Cole Financial (JWC) member FINRA/SIPC. Advisory Services offered through J.W. Cole Advisors, Inc. (JWCA). Financial planning, insurance, and tax services offered through Bay Financial Planning and Tax Services, LLC DBA Intercoastal Wealth Planning, a Registered Investment Adviser, Bay Financial Planning and Tax Services, LLC and JWC/JWCA are unaffiliated entities.
