Strategy vs. Tactics: Should You Change Your Portfolio Before a Recession?

Should you be making changes to your portfolio with a recession looming? Market volatility brings a lot of anxiety, especially when retirement is just around the corner. But reacting out of fear can do more harm than good.

Listen in as your certified retirement counselor Mark Struthers breaks down the main difference between strategy and tactics, as well as why knowing the difference can help you stay the course. Using a simple road trip analogy, he explains how to stick with your long-term plan while still making smart, tactical moves when the market throws you a curveball. You'll learn when it makes sense to make changes and how to think about risk, detours, and staying on track.

 

Curious about working with Mark? Go to:

• https://www.videoask.com/fd9svtp2l
• www.SonaWealthAdvisors.com

 

Disclosure:

Investment advisory services are offered through Sona Financial LLC (DBA Sona Wealth Advisors, Sona Wealth, Sona Wealth Management), an investment adviser registered in the state of MN. Sona Financial only offers investment advisory services where it is appropriately registered or exempt from registration and only after clients have entered into an investment advisory agreement confirming the terms of engagement and have been provided a copy of the firm’s ADV Part 2A brochure and document. 

This video or article is for educational purposes only and is not exhaustive. Nothing discussed during this show/episode should be viewed as investment advice. Diversification and/or any strategy that may be discussed does not guarantee against investment losses but is intended to help manage risk and return. If applicable, historical discussions and/or opinions are not predictive of future events. The content is presented in good faith and has been drawn from sources believed to be reliable. The content is not intended to be legal, tax, or financial advice. Please consult a legal, tax, or financial professional for information specific to your individual situation.

This content has not been reviewed by FINRA.