Hello happy Sunday night, This is James Mayer with quick thoughts. One of the analogies I use when I’m talking about investing in the stock market with new prospective clients is that our major freeway is Route 90 and the speed limit is 70mph. The analogy I make is that the stock market is exactly Route 90. It’s going 70mph! Now your investment portfolio can do that. It can go 0mph. You can be super safe, you can bury money in the back yard. You can go 120mph and put everything into extremely aggressive investments. The point being, you need to know where you are going before you decide how fast you want to go. Your personal comfort, your big picture plan. All of these things factor in. It doesn’t have to be all or nothing. It can aim to preserve in the downside and not make a smudge vs going for it. So quick reminder your plan needs to be specific to where you want to go and how you want to get there. Quick thoughts Sunday evening. Take care.

© 2022 Wells Fargo Clearing Services, LLC. All rights reserved.

FINRA’s BrokerCheck Obtain more information about our firm and its financial professionals

FINRA’s BrokerCheck Obtain more information about our firm and its financial professionalsX