Building a Portfolio to Withstand Market Volatility – LIVE from Los Angeles

By December 4, 2017Blog, Media

Hi, this is Scott Carter with PM Capital. I’m fortunate to be able to get out today and be with some clients, play a little golf, but it’s just wonderful how you look around and see how beautiful the world is. We’re fortunate to be out here in California and see the ocean. But I’ve been watching the markets and it’s amazing how volatile the markets are.

I’m just a retail investor like you. You just can’t keep up with what’s going on in the market. You can’t expect to compete with high-frequency trading when every time a headline comes out they’re changing the market, they’re moving it up, Bitcoin’s up to 10,000, then it’s down 1,000, up 1,500. You need a strong stomach in these markets.

It reminds me of how as retail investors, we’ve gotta have a portfolio for the long-term. You gotta have the right buckets and the right balanced portfolio so that you don’t have to worry about if you’re out and you’re enjoying your family, or you’re doing your day job, that your portfolio will take a tremendous hit just because the market’s so volatile.

When you’re thinking about your portfolio, don’t get into the hype of trying to stay with the high-frequency traders. Make sure you’ve got a long-term balanced portfolio that has the right assets. The right assets could be your retirement accounts, certainly your equity accounts, certainly your real estate accounts, and then many people have a fourth bucket, which is your tangible asset accounts.

Make sure that the right buckets are on your list and then you can enjoy your day. You can let the markets be as volatile as they want. It’s not gonna impact you. I hope you have a great day.

 

Scott Carter

Author Scott Carter

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