Managing Your Investments – It’s a Balancing Act

by | Mar 27, 2020 | Financial Independence, Investment Management

Managing Your Investments – It’s a Balancing Act

by | Mar 27, 2020 | Financial Independence, Investment Management

managing investments during covid 19

The current health crisis and its impact on our jobs, our daily lives and our investments has many of us feeling confused and uncertain.

Things change daily, and sometimes by the hour. It’s difficult to plan.

So, what do you do?

First, don’t panic. Take a deep breath. Be sure you are doing what you need to do to keep yourself and your family safe and healthy.

With regards to your investments, these are things to consider at this time:

Is it a good time to rebalance?

Is it time to get in at the low?

Are you keeping a cushion with interest earning funds or cash?

Remember, we’ve been through this before, and we will get through it again.

Here’s a look at historical data that will give you some perspective.

Stay safe and be well.

Jackie Kleinman, CFP™, is the principal of KB Financial Advisors. Jackie started her career in financial planning in 1996 at an insurance and brokerage firm. She enjoyed the client interaction, but was bothered by the conflict of interest inherent in commission planning. In 2002, as an advocate of fee-only planning, she opened her doors to assist clients in growing their wealth and enhancing their lifestyles by combining investment advice, taxes and setting each individual’s priorities and goals.

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