Bertram Financial August 15th Market Update

Bertram Financial, August 15th, Market Update

In August, we had another great Financial Power Hour. In addition, I would like to highlight the market update section for a few minutes. July was a great month for the market, it was actually the best return since November 2020, if you can believe it. So we’ve bounced back quite a bit from the worst start in years. 

There are, however, a few things to keep in mind. Our portfolio management team does not believe there is enough buying power for it to really have the legs that it needs which means there WILL LIKELY be some volatility ahead. 
Right now you might be asking why? That’s a good question. We don’t really have an answer for some of the supply chain issues that we’re experiencing. I don’t know why fuel prices are so high right now (they do seem to be coming down in some parts of the country). However, we can’t control everything – and it’s likely being driven by underlying motives and mostly – fear is driving most of it.

What we can do is protect you and your wealth, and we can pray about the rest! The first way we protect your portfolio is by not being complacent. Just because we bounced back in July doesn’t mean we can rest on our laurels in August.

If you’re current advisor/manager has been telling you, through this entire down economy, that “you’re in it for the long haul” or “there’s nothing we can do” and you’re not seeing any activity or any changes in your portfolio in that same pie chart that they show you over and over again, this is the time you really want to question it, because in a volatile market in a recession, there are opportunities.
When the market is crappy, that’s when your managers should be doing their job. What adjustments are they making to first reduce the downside risk, and second to put you in the best possible position to get the growth when we bounce out of this? (Give us a call and we will tell you what we adjustments we are making!)
We also might be looking at the different Colors of Money as well because you could have too much at risk in the market. Should you have some protected growth in green money? Those are questions you should be asking now. 
In addition, we discussed this year the 3 M’s of Money Management, which include measuring your risk, knowing what your risk is, and how much risk is in your portfolio. That’s key, how much to really want and how to manage it? 

How is it being managed? 

Bertram Financial August 15th Market Update: If your managers can’t give you an answer as to how your money is being managed, that should be a red flag.Your job is to monitor your managers to make sure they’re doing their job, their job is to monitor the markets they are managing for you. 
hile the recession talk is in the air, we really have had two negative quarters, so technically, we are in a recession. What will happen in the future? 
Get the three M’s of money management, give us a call so we can measure the risk in your portfolio and make sure you’re setup that no matter what happens, you’re okay. 
Check back next Monday, August 22nd or our Estate Planning Spotlight with Nels  Donavan.




We serve clients in Mineral Point WI, Dodgeville WI, Platteville WI, Lancaster WI, Fennimore WI, Boscobel WI, Richland Center WI, Muscoda WI, Spring Green WI, Mazomanie WI, Sauk City WI, Middleton WI, Madison WI, Fitchburg WI, Verona WI, Mount Horeb WI, Barneveld WI, New Glarus WI, Monroe WI, Belleville WI, Oregon WI, Stoughton WI, Darlington WI, Cuba City WI, Hazel Green WI, Belmont WI, Dubuque IA, Freeport IL

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