May 2022 Client Newsletter
Hello Again!
First Some Announcements:
As always if you have questions please reach out by phone or email. We always enjoy talking with you.
Recent Blog Posts include: Inflation Creeping into Your Personal Finances, The Most Valuable Teams in Major League Baseball, Medicare: Understanding Parts A, B, C, &D and more! To read visit: AscendInvestment.com/GarrettsGarage
Recent YouTube Videos include: Roth IRA 5 Year Rule, What About Long Term Care Insurance, Protection from Inflation, and more! To watch, click here.
Investing During the Rough Times
When the markets are rough, and every bit of news seems to be negative it is easy to think in the short term. What is my portfolio doing today? What news is happening right now that I need to know about? Do I need to make changes to my portfolio or lifestyle?
As events unfold, we created a short YouTube video to help. It will remind you of a few ideas to help you during rough market times.
One part I want to highlight is remembering your long-term plans and goals. Each time we invest money in the market we always ask, what is the purpose of these funds. What is their main goal? Is it for a retirement income many years down the road, or maybe to fund a vacation next year.
Each one of these goals are different and are treated differently. You may have only one account but there are various pieces that make up your portfolio. All geared to accomplish different goals. That is why your goals, more often than the news of the day, will drive if changes need to be made to your portfolio.
We are long term investors and have seen many bumps in the past and will see many more in the years to come. Own quality, remember your goals and plans, and go on enjoying your life.
If you or someone you care about has questions, please reach out! We appreciate you, your families, and your business!
Cheers,
Garrett G. Smith
Financial Advisor
Ascend Investment Partners
Paul M. Norman, CFP®
Senior Financial Advisor
Ascend Investment Partners
http://www.ascendinvestment.com/
Logan:
214 South Main Street
Logan, UT 84321
Tel: 801-476-1200
Fax: 801-476-1207
Ogden:
175 Historic 25th Street
Ogden, UT 84401
Tel: 801-476-1200
Fax: 801-476-1207
Ascend Investment Partners is not a legal or tax advisor. You should consult with your attorney, accountant and/or estate planner before taking any action.
Ascend Investment Partners did not assist in the preparation of this report, and its accuracy and completeness are not guaranteed. The opinions expressed in this report are those of the author(s) and are not necessarily those of Ascend Investment Partners or its affiliates. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy.