Recently on Sept. 6th, Henry Wealth Management was privileged to welcome Patrick Sweeny to our client Happy Hour event. Pat is an experienced investment practitioner, a co-founder of Symmetry Partners and someone whom we deeply respect and admire.
As Pat stepped to the podium that night, US Large Company stocks as represented by the Dow, were nearing an all-time high, which would subsequently be reached on Oct. 3rd. Then sudden turbulence would reduce those highs by 7% over six trading days, only to see 1/3 of those losses regained to this point. What’s an investor to do?
Please listen to Pat for 12 minutes, followed by a 5 minute Q and A, as he shares:
- Some key differences between large national financial services companies and smaller independent firms
- How/why Symmetry was formed
- This current, almost longest ever bull market and what to do when an inevitable correction (10% decline) or bear (20% decline) occurs
- The pros of diversification and the cons of trying to “time” the market
As always, feel free to contact us with any questions, comments or concerns.