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Market Update 

For those of you who don’t look at the market very often, good! Keep it up! For those of you who are constantly watching the daily roller coaster, as we do, it could appear quite traumatic.

As our recent commentary suggests, we have been cautious with the markets for a while due to high valuations, and we have been defensively positioned. We are not immune to the downturn, but we should be less volatile in the interim. This is not a 2008-type downturn, but it is a much-needed correction. We believe this is healthy for the markets to retrench slightly and to form a new base for future growth, which will give us good buying opportunities. 

Take comfort in knowing that we are aware of what’s going on, we have both hands on the wheel and we are proactively steering your portfolio through it. Please don’t hesitate to reach out if you have any questions or concerns. 

Your Red Door team
 

Your Red Door Team
Disclaimer
This communication and its content are for informational and educational purposes only and should not be used as the basis for any investment decision. The information contained herein is based on publicly available sources believed to be reliable but not a representation, expressed or implied, as to its accuracy, completeness or correctness.

No information available through this communication is intended or should be construed as any advice, recommendation or endorsement from us as to any legal, tax, investment or other matters, nor shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this communication constitutes investment advice or offers any opinion with respect to the suitability of any security, and has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient.

This email represents the opinion of Red Door Wealth Management and is for informational purposes only. It is not a recommendation nor is it intended to be construed as tax or legal advice by the recipient. Past review of investments are no guarantee of future results.
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