Revisiting Investment Strategies as Inflation Wanes
With inflation receding in recent months, financial advisers can help clients assess whether portfolio adjustments made during the peak inflation of 2021 and 2022 still make sense in a sub-5% inflation era. Advisers can help clients readjust their outlooks while retaining hedges for those clients concerned that inflation will remain elevated. Reconsider the 60/40 Portfolio Even investmen...
Easing Client Fears About Their Bank
Recent bank failures, including at Silicon Valley Bank and Silvergate Bank, have made many depositors worried about the safety of their assets. There’s also been a renewed focus on deposit insurance policies offered by the Federal Deposit Insurance Corporation (FDIC). Those bank failures were the first in more than two years, although there have been over 500 bank failures since 2009 in...
Lessons Learned from Previous Recessions
Amid worries of a recession, advisors need to help their clients be prepared and feel ready for whatever happens next. Many lessons can be learned from previous recessions and how investors adapted, including strategies that avoid risk and the best places to put money when planning for the long term. Revisit Your Clients’ Budgets and Expenses One of the most common concerns during recess...
Almost 70% of Americans Don’t Feel Financially Prepared for a Recession
The events of the last few years, including the pandemic and Russia’s invasion of Ukraine, have created an unparalleled disruption in the global economy. Record-high prices for essential purchases such as fuel and food are just one reason many Americans anticipate a recession. In fact, a recent survey from MagnifyMoney found that 70% of Americans expect a recession, and 68% feel unprepar...
