By Paul Morrone CFP®, CPA/PFS, MSA
With a recent spike in volatility at the end of 2018 and again in mid-2019, investors may be asking what alternatives are available to complement the securities in their portfolios. Concerns may range from political uncertainty, to valuations, to volatility or a trade war, and it’s not uncommon for there to be many moments in history when investors decide to hit the pause button. Any advisor with a long-term investment philosophy will tell you to tune out the noise and let your money work for you in the market. Over the long term (10 years or more), history has shown us that you will likely be rewarded for the risk you took and hopefully your capital is worth (significantly) more than it was when you originally invested it. I’m a firm believer in this philosophy, but sometimes individual investors are hesitant to deploy capital at times of uncertainty and are looking to capitalize on other opportunities that will positively impact their overall financial plan that doesn’t involve a traditional investment.