Making the Right Financial Moves During Market Volatility

By: Bill Few Associates, Inc.

Many would agree that there is still a great amount of uncertainty lately when it comes to finances. From inflation, market volatility, and global markets, it can be hard to imagine where it will all go from here.

While it is important to stay calm and not make sudden moves over the changes in inflation and the market, we also do not want to ignore it, either. It is important to take the current financial landscape at hand and make educated decisions. When reviewing your current financial landscape and the current financial state around us, we highly recommend consulting with your experienced financial advisor. Their insights and experience can provide the right recommendations and unique perspectives that can set you up for success.

RELATED: Read these tips to protect your money from inflation.

In addition to the state of the financial market, someone might also be experiencing personal changes in other ways whether it might be retirement, a job change, moving to a different home, or even a new addition to their family. Any life change can have an impact on our finances, and it is always recommended to consult with your advisor during those times.

No matter what your circumstances might be, now is a great time to get in touch with a financial planner to advise you on the right moves to make based on your unique situation and the current inflation and market volatility. Don’t forget that, in addition to making an appointment with your advisor, it is just as important not to panic during these times of market volatility. As our Co-Chief Investment Officer, Mike Kauffelt II, CFA, shared in his latest Market Commentary, “Selling out of investments locks in losses and doesn’t give portfolios the chance to recover.”

While we do not know what the next few months will hold, we can likely expect that volatility will persist for the time being. Our best advice is to stay calm and consult with our experienced financial advisors. If you have questions about how we can serve you, call us today at 412-630-6000. Our experienced financial advisors are ready to help.

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