Don't get thrown off course
Markets fluctuate and so do your emotions, especially when market action favors the downside. The recent market weakness has caused some investors to get a bit nervous. We are barraged with market debate on a daily basis. The long term biased view is at times directly counter to the shorter or trading biased view. To make matters worse, unemployment is still high and recent data indicates that more people are taking loans from their 401k plans. So how does the news of the day affect your portfolio? Portfolios are designed with the long term objective in mind. Asset allocation models are constructed based on many years of historical data. Market weakness can be a great time to rebalance your portfolio and add to the exposure that is necessary to maintain your appropriate asset allocation. If your destination is far beyond the horizon, don’t let the obstacles that are close at hand throw you off course.
About Me
- Rbird
- Ryan Bird began his investment career in 2001 as a financial advisor with Morgan Stanley. He then moved to Merrill Lynch where he began managing the accounts of high net worth individuals. In 2005, after two years as a Financial Advisor with Banc of America Investment Services, Ryan started Bird Wealth Management. BWM was a full service family office style wealth management practice. His firm focused on delivering comprehensive services and family wealth advocacy. In 2007 Ryan joined Lexington Investment Counsel and served as President and Director of Investments. In addition to focusing on portfolio design and optimization, he was responsible for asset allocation, investment policy and portfolio management. Ryan also held the position of Family Strategic Consultant / Family Office Executive with Lexington Family office Services LLC. He directed investment activity for family office clients including asset allocation, investment policy, and portfolio management. Ryan is currently an Investment Advisor at a Private Investment Office.
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