Patch Blog: Now What Do I Do With My Money?

It is Thursday, Aug. 4 in the late afternoon. Since last week, I have been very focused on preparing for a Retirement & Estate Planning workshop I’m conducting for a corporate client tomorrow morning.

I have been focused on the literature and presentation of the way I approach managing investment risk, the structured approach to investing. Ironic, isn’t it, that the world’s stock markets decided to misbehave on such a grand scale on the day before the workshop? But, what better time for the information, right?  

Worst loser around the globe was Large International companies, the EAFE index gave back -6.98% of its value. There weren’t any winners but Gold only lost -0.56%. US markets were middle of the pack with the S&P500 off -4.78% and the Russell 2000 lower by -5.95%. These are impressive one-day declines. I’m sure we’ll soon see some caparisons to past one-day sells offs. There have been some doozies, too.

So, what to do? Right? That’s the question on everyone’s mind. What’s the right perspective on all this? Which way should I turn with my money?

Gordon Murray tells it the way I will tell it tomorrow. Enjoy the video.

I’m always open to your questions and feed back. E-mail me at gpia@gepiaco.com.