Few things in life are as frustrating as feeling forced to take an action that you know isn’t smart, strategic, or beneficial to you in the long run.
But for a variety of reasons, certain circumstances can make you feel like selling your holdings—even during a market downturn—is your only option.
Here at 210 Financial, we know that there is only one way to avoid making the kind of rash financial decisions that happen when you’re backed into a corner:
Have a plan that keeps you out of that corner in the first place.
In today’s conversation, Phil and Kendall share advice on how you can find out if you have a sequence of returns risk, how to play the long game and buy yourself time until the market goes back up, why—as we always say—having a plan that can likely stand up to unforeseen circumstances is the best way to set yourself up for financial success, and more.
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Learn how our team at 210 Financial can help you plan for the future at www.210financial.com --
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210 Wealth Management, Inc., d/b/a 210 Financial, is a federally registered investment adviser under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. 210 Financial, Form ADV Part 2A & CRS can be obtained by visiting: https://adviserinfo.sec.gov and search for our firm name. Insurance products are offered through 210 Financial, Inc. d/b/a 210 Financial.
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