Thursday, 25 August 2011 18:45 Last Updated on Thursday, 25 August 2011 18:50
CEO Paul Reilly: "As investors, we need to keep a long-term, calm view and not let these short-term fluctuations take over our emotions."
Click on the image to play the video.
In periods of market turmoil, it can be hard to avoid emotional responses. That's why it's critical to have a thorough financial plan and long-term investing focus.
This video from Raymond James CEO Paul Reilly reinforces the company's steady approach and the values that are core to that approach - client first, conservatism, independence and integrity - and gives perspective on what current market conditions mean for investors.
As Paul mentions, the volatile environment is not a reason to panic. It is, however, a reason to re-examine your portfolio and be sure that your asset allocations are still appropriate. We are not experiencing a replay of the 2008 financial crisis, but there is a possibility that the markets will remain unpredictable for some time to come.
Your concerns have my utmost attention. Please take time to review the video, and feel free to contact me with any questions.
