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Author: Russell C. Lindsay, CPA
September 18, 2017

Do you worry about the stock market and the next crash? Are you closing in on retirement and want to ensure your nest egg is safe and secure but still grows for your future needs? How is your portfolio protected to withstand the natural ups and downs of the next round of stock market volatility?

It is important to differentiate between normal stock market volatility and extended periods of market decline. Do you have the tools to avoid making decisions (or not making a decision at all) with disastrous consequences? What will you do to set yourself up for success?

It is natural to be concerned about your financial livelihood. And, believe it or not, most people we talk to have a level of concern, albeit, some investors more than others.

I am a Certified Public Accountant (CPA) and Financial Planner. At our firm, we work with families and small business owners who are looking for trusted advice on how to best plan for their future. For more than 10 years we have helped our clients’ build comprehensive financial plans, hire financial advisors to manage their 401ks, IRAs and investments, minimize taxes and advised on income and estate tax planning techniques.

The last stock market decline occurred during the 2007-2009 timeframe. In 2008, the S&P 500 was down over 35%. Did you also know corrections are a normal part of the market movement? Everybody’s situation is different. Most long-term investors are able and/or willing to weather the storm during normal stock market corrections. But many clients’ we work with are at or near retirement and don’t want to have to go back to work should their portfolio suffer large declines like the S&P 500 did during the last recession.

You may ask what areas should I focus on related to my portfolio?

Here are some thoughts to consider the next time the stock market begins to experience volatility:

  • Your own tolerance for risk – what is your budget or appetite for risk?
  • Your time frame for your investments – how long do you have until you’ll need to access your money for withdrawals
  • State of the Economy – is the volatility part of the normal ebbs and flows of the market or is the economy deteriorating and entering into a recession?
  • Asset Mix – they are all types of investments; stocks, bonds, real estate, cash, etc. Each has its own level of risk and return. Does your asset mix match your investment personality?
  • Management style – is your portfolio a passive strategy where you get what the market gives you, whether up or down, or do you have an active management strategy to help you navigate the market?


The Winning Strategy

Let’s face it; none of us can control the stock market. What we can do is plan ahead and be ready with a plan of attack. With a proactive strategy for your investments and setting yourself up to make good financial decisions during your lifetime, it could mean the difference between retiring on your terms and when you want to vs. having to work until your last day. Some investors take a do-it-yourself mentality and this strategy works in many instances. But others don’t feel comfortable or lack the confidence they’ll be able to make the right decisions during stressful time periods. In this case, those investors should seek counsel. If that is you, the best strategy is to look for a fiduciary, a person who holds a legal or ethical relationship of trust and will prudently help you take care of your money. Then interview until you find someone who you feel is the right fit for you.

 Have questions?

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Do you have questions regarding your investment portfolio, or would like to speak to a Financial Advisor? Give me a call or shoot me an email.
(352) 369-1120 or


Before making any decisions, please consult your tax advisor. Investment Advisory Services offered through Symphonic Financial Advisors, LLC.  Insurance offered through Symphonic Insurance, LLC.  Securities offered through Symphonic Securities, LLC., member FINRA/SIPC, 400 Park Avenue, New York, NY 10022. Investment products are not bank deposits or guaranteed by or obligations of City National Bank or any subsidiary or affiliate, and are not insured by FDIC.  They involve risk, including the possible loss of principal.

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