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Market & Portfolio Review: 11-5-21

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Stop Losing Money!

After months of anticipation, the Federal Reserve embarked on the long-anticipated process of tapering its bond purchase program known as “quantitative easing”. For those who rely on the media to steer their investment dollars, the days leading up to the FOMC meeting were filled with intense fear and trepidation, and in many cases, led to panicked selling.

We believe that with the proper coaching, those investors would have approached the FOMC meeting knowing that the market had long anticipated and positioned for a lowering in bond purchases and that such a policy shift was a reflection of economic strength. As we approach a new year, it’s vitally important that we try to ignore the media and follow our mantra of “invest, don’t trade”.

Key Takeaways

  1. We are in the early stages of an economic expansion
  2. Economically sensitive stocks tend to outperform during times of recovery
  3. Energy and financial stocks remain durable market leaders

The information here is presented by licensed professionals and not specific to any individual’s personal circumstances. Investment advisory services offered through LifePro Asset Management, LLC, a registered investment adviser. Investments involve risk and are not guaranteed. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy will be profitable or equal any historical performance. Discussion of any specific stocks are based on objective, non-performance criteria and such discussion neither serves as a recommendation nor as the receipt of, or a substitute for, personalized advice. Due to various factors, including changing market conditions, such discussion of positions and/or recommendations may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. Forward-looking statements such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” are based on management’s views and assumptions at the time such statements were originally made and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. LifePro Asset Management does not undertake any obligation to correct or update any forward-looking statements on the LPAM Site.

Robert Reaburn

Robert Reaburn

Robert Reaburn is the Executive Vice President and Head of Wealth Management at LifePro Asset Management. He works with financial advisors building diverse financial portfolios that best empower their clients with a lifetime of financial security.

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