THE FINANCIAL COMMUTE
Hosted by Wealth Advisor Chris Galeski, THE FINANCIAL COMMUTE is a weekly podcast that gives the rundown on what's going on in the current market, how it affects you, and what you can do about it – all designed to fit into your commute. Each week Chris welcomes an expert guest, including Morton Wealth advisors, fund managers, and investment analysts, to break down complex financial topics. Our goal for this podcast is to provide you with the tools to help you navigate this challenging environment, leading to a path of more confident investing.
THE FINANCIAL COMMUTE
Market Volatility & How We Protect Your Portfolio
On today's special episode of THE FINANCIAL COMMUTE, Jeff and Meghan address the recent volatility in the stock market and how Morton Wealth protects clients' portfolios amidst uncertainty.
This episode was filmed on the morning of April 4th.
Here are some key takeaways from their conversation:
- Meghan and Jeff emphasize the importance of preparing in advance for market uncertainty. Rather than reacting to volatility, Morton Wealth's portfolios are designed to anticipate it.
- While many traditional firms hold 50 to 80% stock exposure, Morton's average client has much lower weighting to stocks.
- Diversification beyond domestic stocks includes investing in assets like gold/gold mining stocks, international stocks, bonds, and private lending.
- Jeff and Meghan elaborate on our philosophy towards diversification and highlight that portfolios have held up well thanks to this approach. If you have concerns, do not hesitate to reach out to your advisor.