Stop Fighting Yesterday's Battle
Investors have a historical tendency to focus, prepare and protect against the causes of the last crises vs. proactively assessing the environment for the most clear and present dangers. As a result, investors sacrifice returns in exchange for protections that are as effective as the French Maginot line, which was designed to protect against trench warfare, not the blitzkrieg.
Instead of focusing on the last crises, we focus on symptoms that are common across most bull and bear markets and use those symptoms to proactively position client portfolios. The resilience and outperformance of economically sensitive assets relative to recession-proof assets, in combination with strong credit markets and strong corporate earnings, is symptomatic of a healthy stock market over the next 6-12 months. Lastly, as we always do, we will wrap things up by taking a temperature reading in the credit markets to ensure that the foundation of the financial systems remains stable.
The information here is presented by licensed professionals and not specific to any individual’s personal circumstances. Investment advisory services offered through LifePro Asset Management, LLC, a registered investment adviser. Investments involve risk and are not guaranteed. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy will be profitable or equal any historical performance. Discussion of any specific stocks are based on objective, non-performance criteria and such discussion neither serves as a recommendation nor as the receipt of, or a substitute for, personalized advice. Due to various factors, including changing market conditions, such discussion of positions and/or recommendations may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. Forward-looking statements such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” are based on management’s views and assumptions at the time such statements were originally made and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. LifePro Asset Management does not undertake any obligation to correct or update any forward-looking statements on the LPAM Site.
