Dear Friends and Clients:

 

The onslaught of mainstream media continues in a relentlessly negative direction.  At the same time, market volatility remains very high.  Please click here for a recent essay by Nick Murray that we found particularly insightful.  At one page, it is both short and informative.  Definitely worth a read.

 

If the attached essay does nothing to alleviate worry about current events or if your portfolio strategy is keeping you awake at night, then by all means call us to schedule a portfolio review so that we may address your concerns and/or modify your strategy to your satisfaction.  


Nobody likes to see their portfolio decline even though declines are a natural part of investing and they never last.  Nonetheless, wise investors ensure that they capture tax deductions whenever losses occur.  Therefore, as part of our ongoing effort to help you minimize taxes, we plan to conduct tax loss harvesting in the near future.  Tax loss harvesting is a method whereby we sell positions with large unrealized losses and replace them with similar positions.  Taxable clients will see some large trades in their accounts as part of this process.  

 

As always, feel free to contact us with any questions regarding our trading activities or any other matter.  We appreciate your continued trust and confidence - especially during this time of extreme volatility. 

 

Sincerely,

 


Align Wealth Management