Welcome to The Barnum Report, Barnum Financial Group’s monthly newsletter. Each month we will be covering relevant financial industry topics as well as a monthly market update.
Market risk refers to the possibility that an investment will lose value because of a broad decline in the financial markets, which can be the result of economic or sociopolitical factors. Investors who are willing to accept more investment risk may benefit from higher returns in the good times, but they also get hit harder during the bad times. Your portfolio’s risk profile should reflect your ability to endure periods of market volatility, both financially and emotionally. Here are some questions that may help you evaluate your personal relationship with risk.
The Tax Cut and Jobs Act of 2017 has been signed into law. This legislation has important implications for major corporations, small businesses and individual taxpayers. This piece from JP Morgan outlines the main provisions of the act along with their costs over the next decade and how the new law could impact the behavior of consumers, businesses and investors.
For long-term investment goals such as retirement, time can be one of your biggest advantages. That’s because time allows your investment dollars to do some of the hard work for you through a mathematical principle known as compounding. How much could it cost you to delay your investing plan? Click here to learn more