Hi Everyone,

I’m guessing, but I bet the recent market turmoil has gotten some of us just a bit uncomfortable.

Even though I’ve invested through numerous and more severe downturns, I must admit I’m not totally immune to the anxiety that accompanies this kind of volatility.

But having managed investments through varied situations, I’ve come to realize that these corrections are part of the natural market cycle. The oft repeated scenario has the market going up and usually for an extended period of time. During this up period excesses are built into the system. These excesses are then purged from the system and in the process the market goes down. When the cleansing is complete the market goes back up again.

That the market continues its upward climb has been a constant since we’ve been recording these things. The duration and severity of the downturn is the only question mark. Your portfolios have been constructed to weather these types of storms.

History tells us that things will get better and more profitable. In the meantime, if the uncertainty is still causing you discomfort please give me a call and I’ll be happy to discuss your specific situation in more detail.

Your Partner in Patience,

Jim