The current economic downturn has been hard on everyone, as of year to date (November 2022) the S&P500 index has declined by over 23%. This has caused many people to lose a significant portion of their retirement savings. For those nearing retirement, this can be especially devastating. For those early into the retirement journey, market corrections can be discouraging, scary, and damaging to the potential for wealth growth.
At times like these, what's an investor to do? The tried and tested allocation is to find refuge in fixed assets like bonds.
Well, let's take a look at how the bond market has done. According to the AGG Index, United States bond prices are down over 17% this year. So, not only have stock investors lost money, but those who sought safety in bonds have been crushed as well.
Can I ask you a question? Where is it written in finance that you must take market losses in order to make money and build wealth? How many times are you willing to lose 20%, 40%, or even 70% before saying, "I've had enough of this, I'm OUT"?
The rules of investing are changing. Between a global pandemic, federal reserve printing and adding over six trillion to our economy, a country that is massively in debt, interest rates skyrocketing, and a borderline recession on the horizon... it's time to take advantage of the market.
Well if the market is a casino, especially in times like these, most investors are simply stuck playing the game.
The wealthy have always known there are other options when it comes to making money. They don't just put their eggs in one basket, but they also don't wait around for traditional investments to come back around. The wealthy know how to make money work for them - and that is exactly how you can position your wealth, too.
Well, in rough times, I like to go back to the advice of one of the biggest and brightest investors of all time, Warren Buffet. The 92-year-old billionaire oracle of Omaha has only two rules when it comes to investing:
Rule #1: Don't lose money
Rule #2: Never forget rule #1
Like Warren Buffet, you need to position yourself as the HOUSE. Why? Because the house always wins!
It's time you took advantage of the market. What do you have in your portfolio that is shielding your money while the market continues to tank?
If you're like most people, the answer is "not much." And that's why now is the perfect time to invest in our favorite asset class.
This asset class was designed and tested against the two WORST economic periods in history: The Great Depression, and the 1980s when interest rates went up to 21%. Not many can say that their family wealth plan has been tested against these scenarios.
Not only did this asset class survive, but it thrived during these periods. In fact, it's one of the few investment strategies that made money during the Great Depression.
Do you want to see how you can transform your retirement outlook by adding an asset to take advantage of the market swings?
Let's book your 30 minute wealth protection session to see if our investment approach can help!
https://calendly.com/robertduncan103/30-minute-wealth-protection-session