Navigating the Recent Market Pullback with Confidence
“The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
At O’Hare Wealth Management, we understand that the recent pullback in the U.S. stock market may have raised concerns about your investments. We want to provide you with some insights and reassurance during these times of market volatility.
Staying Invested: A Long-Term Perspective
Market fluctuations are a natural part of the investment landscape. While short-term volatility can be unsettling, history has shown that staying invested in the market can lead to positive outcomes over the long term. Here are a few key points to consider:
- Market Resilience: Despite periodic downturns, the stock market has historically demonstrated resilience and a tendency to recover and grow over time. For instance, the S&P 500 has gained more than 11% since January 2021. Forbes
- Compounding Returns: Staying invested allows you to benefit from the power of compounding returns, which can significantly enhance your portfolio’s growth potential.
- Avoiding Timing Risks: Attempting to time the market by moving in and out can lead to missed opportunities and increased risks. Staying the course helps mitigate these risks.
Current Market Trends
Recently, the U.S. stock market has experienced significant volatility. Major indexes, including the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite, have seen substantial declines. Concerns about a slowing U.S. economy, coupled with global market selloffs, have contributed to this turbulence. Despite these challenges, the S&P 500 is still up 10% year-to-date, reflecting investor optimism about lower inflation, earnings growth acceleration, and potential interest rate cuts in the latter half of 2024. Wall Street Journal
Our Commitment to You
At O’Hare Wealth Management, we are dedicated to continuously monitoring the market and managing investments for our advisory clients with a strategic and informed approach. Our team of experienced Wealth Mangers are committed to:
- Proactive Monitoring: We keep a close watch on market trends and economic indicators to make informed decisions and provide recommendations as needed.
- Strategic Adjustments: When necessary, for our discretionary accounts we make strategic adjustments to your portfolio to align with your long-term goals and risk tolerance.
- Personalized Support: We are here to provide personalized support and guidance, to help ensure that your investment strategy remains aligned with your financial objectives.
We’re Here to Help
Thank you for your continued trust in O’Hare Wealth Management. We are committed to helping you navigate challenging times and achieve your financial goals.
If you have any questions or concerns about your investments, please do not hesitate to reach out to us.
You can contact us at 414-644-0060 or via email at service@oharewealth.com.
Our team is always here to assist!
See important disclosures below:
The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.
Any opinions are those of O'Hare Wealth Management and not necessarily those of Steward Partners. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions, or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected.
Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance does not guarantee future results. Future investment performance cannot be guaranteed, investment yields will fluctuate with market conditions.
Asset Allocation and diversification do not assure a profit or protect against loss in declining financial markets.
Bonds are subject to interest rate risk. When interest rates rise, bond prices fall; generally, the longer a bond's maturity, the more sensitive it is to this risk. Bonds may also be subject to call risk, which is the risk that the issuer will redeem the debt at its option, fully or partially, before the scheduled maturity date. The market value of debt instruments may fluctuate and proceeds from sales prior to maturity may be more or less than the amount originally invested or the maturity value due to changes in market conditions or changes in the credit quality of the issuer. Bonds are subject to the credit risk of the issuer. This is the risk that the issuer might be unable to make interest and/or principal payments on a timely basis. Bonds are also subject to reinvestment risk, which is the risk that principal and/or interest payments from a given investment may be reinvested at a lower interest rate.
The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market.
The NASDAQ composite is an unmanaged index of securities traded on the NASDAQ system.
Securities are offered through Steward Partners Investment Solutions, LLC ("SPIS"), registered broker/dealer, member FINRA/SIPC. Investment advisory services are offered through Steward Partners Investment Advisory, LLC ("SPIA"), an SEC-registered investment adviser. SPIS, SPIA, and Steward Partners Global Advisory, LLC are affiliates and collectively referred to as Steward Partners. Representatives of O'Hare Wealth Management are registered with and provide securities and/or advisory services through Steward Partners.
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The Wealth Managers of O’Hare Wealth Management participate in the Steward Partners Discretionary Asset Management program. The Discretionary Asset Management program is an investment advisory program in which the client’s Wealth Manager invests the client’s assets on a discretionary basis in a range of securities. The Asset Management program is described in the applicable Steward Partners ADV Part 2, available at https://adviserinfo.sec.gov/Firm/283004 or from your Wealth Manager.
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