Sportfishing Financial Group partners with Dimensional Fund Advisors to offer the highest quality investments and client relationships. Individual investors may access Dimensional’s strategies only through a select group of financial advisory firms. We strive to build deep, enduring relationships to pursue better financial outcomes for our clients.
As you’ve probably heard in the news lately, El Nino is here. El Nino is a weather phenomenon that warms ocean temperatures in the Pacific near the equator. This affects currents and results in what are often times significant changes in our local waters. While most people are thrilled about the much-needed rain that it’s expected to provide here in Southern California, the weather pattern means something entirely different for those of us who prefer to spend our time on the water. It means the fish are on the move and several species have been shifting to uncommon areas in search of their preferred water conditions, temperatures and food sources.
Last week was an awful trading week on Wall Street, with the S&P 500 posting its worst year-opening week in history by losing 6%. Global stock markets lost $2.3 trillion, alarming investors who worry about the market forecast for the remainder of 2016. Baby Boomers especially are nervous about the large fluctuations and the impact on their retirement accounts.
When investing, there is always a tradeoff between risk and return. Financial markets are powerful and security prices are set and changed based on the collective knowledge of buyers and sellers regarding the risk and return of a stock. Watch this video to learn more and see examples.