Patience as a Strategy During Volatile Markets

Richard Pascuzzi is an accomplished financial industry executive and the cofounder of PSE Wealth Management. He provides clients with holistic investment and estate planning services and asset management. Richard Pascuzzi and his team emphasize the importance of patience as an investment strategy, particularly given the market volatility that greeted the beginning of 2015.
*Though many domestic economic fundamentals are strong going into the spring, weak oil prices, a resurgent dollar, and stagnant overseas growth could cloud the picture. As Q1 earnings trickle in, positive surprises could translate into additional market upside. However, earnings estimates have come down in recent weeks and corporate profits may be affected by rising wages and slower growth.

Since we can’t know where markets are going with any certainty, we recommend staying focused on your long-term goals and keeping short-term performance in perspective. We are continuously monitoring markets and are prepared to make changes as conditions warrant. Articles on this and other financial topics can be found on the PSE Wealth Management website, http://www.psewealth.com.

*This information was taken from The PSE Newsletter dated April 6th 2015