A commentary and action plan from Senior Wealth Advisor, Bob Carnegie
By most measures, the market looks expensive, and a disciplined approach to investing has become increasingly important. Our conversations with clients continue to revolve around a core set of considerations including the potential need to rebalance portfolios, diversify investments, hedge risk, and revisit financial plan assumptions.
In this commentary, Bob Carnegie considers various metrics and conditions that have contributed to the current environment and notes that while reasonable explanations exist to justify higher-than-average valuations, the market at least appears to be on the expensive side relative to history, leading to the more important question,
Should you do anything about it?
Click below to check out the full article and action plan for an expensive stock market.
DISCLOSURE: The information included in this article is for illustrative purposes only and nothing herein should be interpreted as investment advice. It should not be assumed that future performance of any specific investment or investment strategy will be profitable. Different types of investments involve varying degrees of risk, but all investments carry the risk of loss, including the permanent loss of principal. Past performance is not a guarantee of future results.
