Trading Activity Update: Re-Balancing Portfolios
Based on the current market volatility, we want to make you aware of some trading being done on your behalf. While the stock market has been correcting, we have seen most of our lower-volatility investments spike up in price, resulting in the total portfolio becoming out of balance.
While a re-balance is a normal course of action, it typically involves a sell and a buy. In this case, we have decided to only sell those securities that have run up and are going to hold on to the cash, ready to reinvest when we see the right market opportunity.
As in all other past volatile market events, we are being strategic to protect and grow your wealth, in order to maximize your ability to meet your financial goals.