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Investing in a Bull Market

| August 27, 2018
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Welcome to the first ever Denver Wealth Management podcast. In an effort to stay better connected with you, we will be releasing a podcast oce a week to answer your questions and keep you all up to date with relevant business and economic events.

We receive a lot of questions each week – many reoccurring. This week we have gotten quite a few calls in regards to the current market situation:

“Zach, as of mid-August, the bull market that began in 2009 has become the longest bull market in U.S. economic history; what should we do to prepare for the next crash?”

What is a bull market? https://www.fool.com/knowledge-center/bull-market.aspx

There is a lot of uncertainty in the market, but we can take precautions and formulate specific financial plans that cater to each individual goal.

0-2 Years:

For example, if you’re planning on purchasing a car in two years, do not put your money into the stock market. Keep that in a savings account, a CD, or Treasury bills.

2-7 Years

Take a balanced approach. This means some safer, fixed-income investments and some more aggressive, growth-oriented investments in one pool.

7+ Years

Time for a full-on, growth-oriented approach. We are in these investments for the long-term company growth potential. Warren Buffet says it best:

“In the short-term the stock market is a voting machine and in the long-term the stock market is a weighing machine.”

Thank you for listening this week; we hope you enjoyed! Don’t forget to check out our Twitter: @DenverWealth and our website to join the DWM email club.

 

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

Certificates of Deposit are FDIC insured and offer a fixed rate of return if held to maturity. Brokered CDs sold prior to maturity in the secondary market may result in loss of principal due to fluctuations in the interest rate or lack of liquidity. Brokered CDs are registered with the Depository Trust Corp. (“DTC”). Brokered CDs with step-down and/or call provisions may be less favorable than traditional CDs without these features.

Government bonds and Treasury bills are guaranteed by the US government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value.

No strategy assures success or protects against loss.

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