Comstock's magazine 0219 - February 2019 - Page 73

SPECIAL PROMOTIONAL SECTION Laney: Investors should regularly revisit their financial fundamentals, and make sure they are prepared for both good and bad economic times. Understanding what their lifestyle costs (cash flow management), and the purpose of their investments is key to being positioned to take advantage of financial opportunities — whether it’s mak- ing additional investments, buying a rental property or if they really can afford to take a vacation. Often, people focus on the rate of return for their investments, which is im- portant, but for most people spending less and saving more will have a greater impact on their financial lives than just looking at what the market has done recently. Grahl: Having an updated plan that clear- ly outlines goals, timeframes and perfor- mance required to achieve the goals is my primary recommendation. Investors should also update their tax plan for today, and for their future accumulation strategy. The recent volatility in the market interest- ingly enough makes for a great buying op- portunity for long-run investors. Investors should invest into equities and maintain their maximum allocation, based on their risk tolerance. Brothers: One of the best things you can do now in preparation for the future is to build a retirement plan. Anticipate future expenses such as college tuition, a new roof or long-term care expenses. It’s also important to factor in inflation and tax- ation. Major financial decisions are best made in the context of a plan, and while you can do that yourself, the right adviser can often add a lot of value. n Christina Kiefer is a communications consul- tant and freelance writer based in Sacramento who specializes in public relations, copywrit- ing, content marketing and strategy. A sea- soned storyteller and wordsmith, she believes that great content paired with the right com- munications strategy is powerful. STAY CONFIDENT IN THE FACE OF ADVERSE MARKETS Fluctuating markets can throw even the best-laid investment plan off course. Keeping on track to your future takes an investment approach built on adaptive technology and old-fashioned one-on-ones. Find out how an Envision ® plan can help you plan for tomorrow, today. Call when you’re ready to talk. 400 Capitol Mall Suite 1700 Sacramento, CA 95814 ERIC R. SOLIS Managing Director – Investment Officer Tel: 916-491-6323 Toll-free: 833-225-9911 Investment and Insurance Products: NOT FDIC Insured › NO Bank Guarantee › MAY Lose Value Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. 0119-02246 February 2019 | 73