Considering Market Position with Impending Election
By Kirk Peterson
In this newsletter, I wanted to take some time to write about assessing your position within the market when it comes to the impending election.
As we approach the Holidays, most of our minds are filled with the excitement of seeing family and spending quality time together! The last thing most of us want to think about is how our investments are doing in regards to gains and losses within our portfolio.
Speaking from the side of general investment markets, we have experienced a fairly good year. I know the same can't be said from the commodities side. That is why it is wise to diversify your investments. When it comes to general investments, I would encourage those of you who have benefited from the gains up to this point to speak with a professional on how to possibly lock in those gains for the year.
For most, this is a conversation with your financial professional about reallocating some things within your portfolio to a slightly-less volatile approach until we see what's going to happen with China and our presidential election.
For those who have placed money in products and strategies that allow you to "lock-in" or exercise a "put" on your gains, I would strongly encourage a conversation with your financial professional to see if this is a time to exercise those options.
If you would like more information about these products and strategies, I am a phone call away and would welcome the opportunity to serve you.
Phone: (402) 519-0330
401 E. 4th St. #101
Minden, NE 68959