The market is still very turbulent as we enter the final few months of the year. Given the environment we have gone through, I believe it is always important to remember that the stock market is made up of companies. Those companies adjust to the environment. While many believe that we are closer to the bottom than the top, I believe that avoiding panic and being opportunistic makes the most sense. While some industries are under considerable pressure, others are doing very well. The market tends to discount bad news with incredible speed, but just as quickly it recovers when the news changes for the better.
While much has happened during 2008, it is always important to remember your goals. Adjustments to your strategies may have long term consequences to quality of your life, so make sure to consult with us to understand the implications of any decision you are contemplating. We are happy to help and indeed feel that is our function. Please contact us and find out about your individual situation!