Legacy's Perspective: Navigating Market Volatility

We realize this week has been particularly volatile as equity markets re-enter into bear market territory (a decline of 20% from peak levels). There is nothing enjoyable about market downturns. They create fear, anxiety and uncertainty. Add in the headlines that are all over the place, and these feelings are magnified. Fear often prompts investors with the feeling that they need to do something – often causing more harm than good for their long-term financial plan. This feeling is natural; as humans, we are wired to act – it’s part of our DNA. Even for experienced investors – those who breath this day in and day out – this feeling is there. 

Perspective can go a long way to successfully navigating these periods, uncomfortable and difficult as they may be. With this memo, we look to address recent volatility, portfolio positioning and dynamic allocation changes that have been made as conditions evolve.

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.