In recent weeks, we’ve answered a lot of questions from clients about our investment strategy. With the Trump rally driving U. S. stock prices to new highs, it’s understandable that the main thrust of many of those questions is this: When are we going to catch up to current events and get fully invested?
It’s easy to understand this desire, this feeling of having to act right now, before it’s too late. Humans are programmed, at a level below our conscious awareness, to go along with the crowd at times of danger or rapid change. The excitement at the top of a market and the terror at the bottom trigger our emotions in a way that few experiences can.
The graphic below delivers a simple, powerful, and essential message.
Our simple message is this: Changing your holdings to chase performance at an all-time market high would be a monumental error, the sort of mistake that can permanently damage your prospects for lifetime wealth.
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by TGS Financial Advisors), or any non-investment related content, made reference to directly or indirectly in this article will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this article serves as the receipt of, or as a substitute for, personalized investment advice from TGS Financial Advisors. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. TGS Financial Advisors is neither a law firm nor a certified public accounting firm and no portion of this article’s content should be construed as legal or accounting advice. A copy of the TGS Financial Advisors’ current written disclosure statement discussing our advisory services and fees is available upon request.