Market Volatility

We have been experiencing quite a bit of market volatility lately and I am so proud of all our clients as we have not had one anxious call or email. Many of you are old hats at this as you have gone through the 2000, 2001 and 2002 down markets. And your portfolios survived because you were nicely diversified among several different asset classes such as large cap growth and value stocks, small cap, mid size and international stock funds. And you were grateful that the boring bonds, CDs and money markets provided growth and stability during the rough times. Well, it is no different now. Even though it seems that we have had heart stopping days, the stock market is actually up since January 1st. The international funds are still strong performers and those bonds, treasuries and CDs have been great shock absorbers. Because we do annual rebalancing, you are not reacting to the market like the masses. You are an educated, disciplined and non-emotional investor. And those of you who are in 401ks etc... and dollar cost buying into the market now, you are getting some nice bargains. Kind of like the half-yearly sale at Nordstrom's. The ladies can relate to that one! So, congratulations to all of you for keeping the faith and holding on.