Summer School

by Financial Design Studio, Inc. / June 14, 2019


Summer School

School is out for the year and your summer fun has probably already started! Remember before school ended that the teachers were telling you to keep reading or practicing something over the summer? There are statistics that show how important it is for kids to continue reading every day even during the summer when they aren’t at school.

Just like it’s important for kids to not take the summer off from reading, be sure you don’t either! What we mean is that you can’t grow complacent with your investments. With the market at all-time highs it would be prudent to make some shifts between asset classes if any changes in your life warrant it.

It’s easy to forget about market performance before the last ten years of an uphill climb. Look in the chart below to remember how it hasn’t always been as easy for your investments to grow. Don’t assume the last ten years will continue for the next. Of course, we hope it does, but we can’t assume it will.

Financial Design Studio Financial Planner Summer School Deer Park Palatine Barrington IL

Review your personal situation for any changes upcoming. Are you expecting to retire in the next five years? Will you have other big expenses such as a wedding or college for a family member? Do you hope to change homes in the years ahead? Study your investment portfolio to see if any changes need to be made. There are a variety of things that can warrant a change needs to be made.

Wondering how this affects your investments? Schedule a call with Michelle and Steve to discuss your portfolio today.

Ready to take the next step?

Schedule a quick call with our financial advisors.

Recommended Reading

Wealth Management Financial Advisors in Chicago on Target Date Funds Explained!

Target Date Funds Explained! [Video]

In this video, target date funds are explained, we share the pros and cons of using this strategy, and how age based funds work.

Wealth Management Financial Advisors on Why We Invest in Stocks Bonds and Cash

Why We Invest In Stocks, Bonds, and Cash [Video]

In this video we break down why our investment management focuses on asset allocations of stocks, bonds, and cash.

Financial Design Studio, Inc.

We are financial advisors in Deer Park and Barrington, IL. A team with a passion for helping others design a path to financial success — whatever success means for you. Each of our unique insights fit together to create broad expertise, complete roadmaps, and creative solutions. We have seen the power of having a financial plan, and adjusting that plan to life. The result? Freedom from worrying about the future so you can enjoy today.