September Living Up to Reputation
We are in the final stretch through what has historically been the roughest month of the year for the stock market, and this year, September is certainly living up to its reputation with the S&P 500 down approximately 5.1% month to date. We all know that markets rise and fall - so we can be disappointed by downturns, but we shouldn’t be surprised by them. Reacting emotionally to recent market volatility may be more detrimental to portfolio performance than the drawdown itself; thus, the importance of maintaining perspective and identifying the drivers of the current equity market pullback.
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Legacy Trust Family Wealth Offices
4200 Marsh Landing Blvd, Suite 100
Jacksonville Beach, FL 32250
Office: (904) 280-9100
Fax: (904) 280-9109
Legacy Trust Family Wealth Offices of Jacksonville Beach, Florida, is a new type of financial services firm - an independent multi-family office - that brings all facets of your personal financial affairs under one roof, where they are coordinated for optimum efficiency and maximum performance.
Investment products are not FDIC insured, are not bank guaranteed, and may lose value.