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European Volatility & JP Morgan Issues


We wanted to communicate our Firm's views on financial market activity making headlines recently, namely the situation in Europe and the J.P. Morgan trading loss.
Please keep in mind that there will always be significant issues that affect the financial markets. Some will be more significant than others, however, if we have a long term view and a diversified portfolio these events present no more than opportunities to us. If we do not have a long term view (i.e., greater than five years) then our portfolio should not be invested in anything that will be significantly affected by such short term events.
Remember, just because European governments are having issues right now does not mean that all European companies are poor investments, and the smart money managers we use are using this as a buying opportunity.
Regarding the J.P. Morgan trading loss. This is a prime example why we do not advocate putting more than a very very small fraction of any portfolio in individual securities, because this is the type of thing which can happen to ANY individual company at ANY time.

Please note that past market performance is no guarantee of future investment performance or success.

White House Financial & Settlement Consulting helps families live an easier and less stressful life through the proper management of their financial resources.  We do this by acting as our clients’ trusted advisor providing a personal touch customized to the client’s needs!  Please visit our web site at www.whitehousellc.com for more information!

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