Cypress Wealth Services
It’s hard to keep a positive attitude amidst the crisis that economies all around the globe are currently facing. With stock market volatility, high inflation rates, and widespread uncertainty, it is easy to get overwhelmed and frustrated. All of the ups and downs that flood the news and your social media feed can make you feel anxious or helpless, but there are still steps you can take to build your financial life up even when the markets are down.
When the marketplace is behaving erratically, you as an investor need to do the opposite. One of the worst mistakes we can make is to sell from a place of panic. That’s because acting emotionally can turn temporary volatility into a permanent loss. Instead, review patterns of the past, recenter your thinking and make level-headed decisions.
Selling out of fear is just one way we sabotage ourselves. Another way is to avoid our problems altogether. It’s important to have a clear picture of where you stand amidst a market downturn. While it may be unpleasant to see yourself in the red, it’s critical to review your diversification. By investing across multiple asset classes, you help hedge against market volatility.
Market drops can be a great reminder that your strategy is either working or in need of an adjustment. By speaking with an advisor, you can review your portfolio, your targets, and your trusted course of action during turbulent times.
One of the best ways to settle your own stress is to focus on others. When you see the struggles of friends or family, it can put your own in perspective; moreover, it can provide excellent motivation to get yourself in order. That way you can serve as a steady, stable source of help to those in need.
It’s a privilege for our firm to serve investors like you. We’re able to see the benefits impact you directly and the lives of your loved ones. If you’re looking for guidance on how to care for members of your family, please reach out to us. Furthermore, we’re happy to provide a complimentary review of your family’s or friends’ investments and give recommendations.
Whether you’re just reviewing your current financial plan, or looking to make changes amidst the down market, you’re not alone. At Cypress Wealth Services, integrity remains central as we work together to ease your worries, understand your situation, and put together a plan to not only survive volatility but thrive on the other side of it. Our goal is to guide you through the complexities of wealth management and help you pursue financial independence.
To learn more about our firm and how we can help through these troubling times, call us at 866.888.6563 or contact one of our offices today.
About Cypress Wealth Services
Cypress Wealth Services is an independent RIA firm providing financial planning and investment management to high net worth individuals, families, business owners, and institutions. Cypress Wealth Services comprises professionals with diverse backgrounds and extensive experience and qualifications. Cypress Wealth Services serves a broad range of client needs using their experience and expertise to act as a foundation for their client service process. The firm uses The Second Growth, which focuses on efficiently protecting, growing, and transferring the wealth and legacy a person has already built to their loved ones. With financial advisors in Palm Desert, CA, Tustin, CA, Athens, GA, and Anchorage, AK, the firm serves clients across the country with Wealth Management Services, Fiduciary Services, 401(k) Design and Management, Investment Reporting Services, Financial and Retirement Planning, and more. For more information, visit www.CypressWS.com or call 760.834.7250.