With the downward movement of the market in the last week of February, we have moved some assets from money market investments into the equity side of the portfolio. We have also adjusted our portfolio’s investment categories to give them greater alignment with the investment options in most 401k plans.
The 2020 IRA account contribution deadline is April 15, 2021, and if you are a business owner who has a 401k for your company, you can add a cash balance plan for 2020 through the tax extension filing deadline of your business, this could allow you to gain an extra tax deduction and put additional funds into your retirement accounts.
If you would like us to match your 401k investment options with our recommendations, give us a call or you can fill out the form below and include your 401k statement and investment options. We will contact you with the results.
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CONSERVATIVE: A Conservative investor values protecting principal over seeking appreciation. This investor is comfortable accepting lower returns for a higher degree of liquidity and/or stability. Typically, a Conservative investor primarily seeks to minimize risk and loss of principal.
MODERATE: A Moderate investor values reducing risks and enhancing returns equally. This investor is willing to accept modest risks to seek higher long-term returns. A Moderate investor may endure a short-term loss of principal and lower degree of liquidity in exchange for long-term appreciation.
Moderate Growth: A Moderate Growth investor values higher long-term returns and is willing to accept considerable risk. This investor is comfortable with short-term fluctuations in exchange for seeking long-term appreciation. The Moderate Growth investor is willing to endure larger short-term losses of principal in exchange for the potential of higher long-term returns. Liquidity is a secondary concern to a Moderate Growth investor.
Growth: Growth investors typically invest in equity investments. With a focus on growth stocks—that is, young or small companies whose earnings are expected to increase at an above-average rate compared to their industry sector or the overall market.
The information provided here is for general information only and should not be considered an individualized recommendation or personalized investment advice. The strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All investing involves risk including loss of principal. No strategy assures success or protects against loss. Past performance is no guarantee of future results. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. The opinions expressed and material provided are for general information, and they should not be considered a solicitation for the purchase or sale of any security.