What Might Be Lurking in the Shadows – April 21, 2021

Have you ever driven down the road and hit a string of green lights? Or the radio is on and it’s one favorite after another.

The major U.S. stock market indexes are at or near all-time highs, and well-diversified investors have benefitted. 

• It has been one green light after another.

The stock market is the collective wisdom of all investors, both large and small. And investors are pricing in a strong economy this year.

But stocks aren’t cheap. They are priced for perfection, or something near perfection.

Might economic growth peak in the first quarter?

Could growth moderate too quickly as the year progresses?

Could we get unsettling news regarding the pandemic?

Investor’s corner

There are always risks lurking in the shadows. They never completely abate.

It is one reason we strongly believe that a well-diversified financial plan that’s tailored to your individual goals is the best path to long-term wealth.

It doesn’t guarantee there won’t be bumps in the road. But it helps to manage those bumps.

If you are adhering to such a plan, we congratulate you because you have chosen the narrow path. It’s your roadmap to your financial goals.

Created 2021-04-21 19:05:26