Checking In with Ara – September 2023
It’s Ara, reaching out with our monthly update. I hope this message finds you well. With summer drawing to a close, I trust you’ve had memorable vacations and stayed comfortable during the heat.
Interestingly, we braced ourselves for a hurricane in San Diego last week. Fortunately, we were spared the worst, witnessing only heavy rain and some fallen branches. On the business front, we had our annual conference for Lucia Capital Group and LPL. I had the pleasure of joining other advisors from across the country, which always proves to be a valuable learning opportunity. It’s a chance for me to delve into the latest in financial planning and to fine-tune my skills in line with the current industry trends.
Speaking of financial trends, there’s been a slight uptick in interest rates recently, largely driven by the Federal Reserve’s efforts to curb inflation. Nevertheless, the market remains robust. What does this signify for us? It suggests that during our next meeting, we should review your portfolio. Specifically, we might consider value averaging from bucket number three to bucket number two, or possibly to bucket number one.
Remember, our team is always here to assist. Whether you need advice from me, don’t hesitate to reach out via phone or email. We prioritize responding promptly. Moreover, if you have friends or family members who could benefit from our services as you have, please share this video with them. My primary goal is to guide and serve as many individuals as possible, ensuring their financial well-being.
Wishing you a wonderful remainder of the summer and a pleasant day ahead.
You should always seek counsel of the appropriate advisor prior to making any investment decision. All investments are subject to risk including the loss of principal.
Different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy will be profitable for a client's or prospective client's portfolio, thus, investments may result in a loss of principal.
A value averaging strategy does not guarantee a profit or protection from loss.
Ara Freedman is a registered representative with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the name Lucia Capital Group, a separate entity from LPL Financial.