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Investment Changes Summary 12/12/18


  • We’ve seen volatility return in the 4th quarter with the S&P 500 giving up the previous gains of 2018. On a positive portfolio note, our decision in 2nd Quarter to decrease energy exposure, and in our opinion, our shift to more value-oriented funds was reinforced by the continued decrease of energy prices and the relative performance of value-oriented funds vs growth-oriented funds over the past three months.
  • 4th Quarter 2018 Changes: We are making a shift in our fixed income portfolios to higher quality and shorter bond durations seeking to minimize interest rate sensitivity. While the Fed may not be as aggressive as many fear, we still anticipate gradual rate increases throughout the next year. 


As you know, we follow a disciplined and diversified asset allocation process to building our portfolios. We believe in long-term investing, not short-term speculation. We lean on our LPL Research team of 50+ professionals for ongoing asset allocation and fund screening. (Remember, LPL offers no proprietary products, which enables us to make objective decisions.)  Then, we utilize a secondary screening through Morningstar (a third-party investment research company) for another layer of due diligence.  We are, after all, geeks at heart.

Securities and Advisory Services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

BridgeQuest Wealth Strategies

BridgeQuest Wealth Strategies

Career changes, retirement, aging parents, liquidity events—navigating life’s big transitions gets much easier with an experienced guide. The BridgeQuest team leads you in the right direction with independent asset management tailored to your goals. Your plan will include objective advice and personal attention every step of the way.