Market-based Portfolio Assessment
The major market indexes took a bit of a hit today and I thought I'd take a quick review of my portfolio in co ordinance with that action and how it may affect things. First, I feel we are seeing two major news events impact the markets right now. The primary focus is related to North Korea and the potential that they just tested a hydrogen bomb. While the situation and potential scenarios are certainly alarming, I currently do not see them having an impact on my portfolio looking out twelve to eighteen months. Times like this typically draw panic and it's better to be prepared to handle that panic than it is to join in the foray. The second event is Hurricane Irma forming into a Category 5 storm in the Atlantic. Current path projections have the storm most likely going right up through the Caribbean and through Florida and some of the southeast coast. Category 5 hurricanes produces mass amounts of damage and has the potential to rival that ...