August is the month when many families take their final summer vacation. It's also when back-to-school preparations start and football season comes into focus. But August has a more unsettling side for investors. It's historically been a month of surprises. Not always the kind we prefer. Over the past 35 years, investors have navigated seven “black swan” events in August. Some were worse than others, but all led to disappointing days for investors. |
As summer comes to a close, it’s traditionally a time that investors expect a pickup in market volatility. September and October have built their reputations over time, and this year, the November elections could add another wave of uncertainty. The old phrase, "hope for the best, prepare for the worst," is worth keeping in mind during this time of year. Your portfolio is prepared for either outcome because it reflects your goals, time horizon, and risk tolerance. If the best happens, you’re ready. If another August surprise rolls around, you’re prepared. |
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This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm.