As the team at HCR Wealth Advisors informed their clients in January 2018, 2017 was a very unusual year when it comes to volatility in the stock markets. Many years see pullbacks of -10% or more in the stock market, while in 2017 the biggest pullback was only -3%. That indicates that people should expect the markets to return to form in 2018 with likely much more volatility in store. HCR Wealth Advisors is based in Los Angeles, California.
HCR Wealth Advisors writes that no one knows when or why the next major pullback will occur. It could be concerns about bond rates going up, some international situation, or a change in how the White House deals with China. Having said that, the firm writes that investors should stay optimistic because the U.S. and global economies are doing well lately. The best thing to do when there is a big pullback is to stay the course because it, too, shall pass.
HCR Wealth Advisors offers its clients opportunities to become educated about investing. This includes domestic investing, international investing, and bonds among other assets. They regularly communicate with their clients and seek to establish a life-long relationship with them.
HCR Wealth Advisors (@hcrwealth) expects the US Federal Reserve to continue to increase interest rates going forward. The Fed only controls short-term interest rates and it is expected to increase these in 2018 three times. The team at HCR Wealth Advisors expect that US interest rates will continue to be well below their long-term average.
HCR Wealth Advisors develops personalized strategies to help them reach their financial goals. They also put in place measures designed to protect their clients from risk based on their risk tolerance profile. Each client receives a personalized financial strategy, designed to meets their needs and goals going forward.
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