CD Wealth Management

We are so honored to be named among the Dallas Business Journal's 2022 Best Places to Work. We believe that if we serve one another well, we will be able to deliver exceptional service to our clients as a result. We invest a great deal of time and effort into creating a collaborative, supportive team environment at CD Wealth Management, and it’s extremely gratifying to be recognized for that work. #DFWworks https://lnkd.in/gDXS7TA7

Worth repeating, especially this week: Emotion has no place in wealth management, and politics has no place in your portfolio. No matter what happens Tuesday and beyond, investors would be wise to remember that the market doesn’t care who wins the election. Read more: • Election Advice for Investors: Ignore the Noise, Focus on the Big Picture: https://lnkd.in/gvqtKXzJ • The Election May Bring Volatility, but the Market Doesn’t Care Who Wins: https://lnkd.in/gMvxgKQV • Here’s Why Investors Should Keep Politics Out of the Portfolio: https://lnkd.in/gqjhSJS8 • Investing in an Election Year: https://lnkd.in/g-wQDFEh

As Election Day approaches, emotions are running high. Here’s a reminder to investors that your political opinions are best expressed at the polls, not in your portfolio. Facts are facts: Historically speaking, election results have made almost no difference when it comes to long-term investment returns. https://lnkd.in/gMvxgKQV

It’s been a few weeks since the #Fed made its rate cut, and the market is pricing in that by this time next year, the Fed will have cut rates eight to 10 times — and the benchmark rate will be at 3%. That would be much lower than today’s rates but still higher than any time from 2009 to 2021. In our most recent piece, we considered the answers to some lingering questions about the Fed’s move, including: • Did it have anything to do with the election? • Are rate cuts near all-time market highs normal? • Does the Fed think the economy is in trouble? • What do rate cuts mean for consumers and investors? https://lnkd.in/gU4Fy2W4

#NTXGivingDay is a wonderful occasion every year that serves our community well — and it’s a great reminder that charitable giving can play an important role in your overall financial plan. At CD Wealth Management, we place great value on giving back to the community with our gifts and our service, and philanthropy is at the heart of our year-end team celebrations. • If you are moved to contribute to a charity today, please consider doing so through the North Texas Giving Day website: https://lnkd.in/ggGRbhgV • If you would like to learn more about the numerous ways your gifts can benefit your finances as well as your causes, find more here: https://lnkd.in/gv6a_CBC • Looking for a cause to support? You can find a list of charities that matter to our team members here: https://lnkd.in/gbnWKnuM

Now that the Fed has said rate cuts are on the horizon, what does this mean for the market — and your pocketbook? For one thing, investors who stay only in short-term investments may risk an opportunity to lock in higher yields. Here's what history tells us: https://lnkd.in/gHsx9Tg3

We are looking forward to this year’s Aaron Family JCC Golf Tournament presented by Clay and Tracy Aaron and CD Wealth Management.    It has been an honor to serve as a tournament co-chair for the last 18 years, and I’m grateful for the generosity of so many people who help the JCC of Dallas support the Joanie L. Weinstein Camp Scholarship Fund and the Elaine Quint Schrager Preschool Scholarship Fund, as well as JCC programs and sustainability.   Please join us Sept. 16 at Coyote Ridge Golf Club. Information on sponsorships and volunteer opportunities here: https://lnkd.in/gWBFD4zV

Five factors contributing to the market pullback this week: • Last week’s jobs report caused concerns of a recession • The Fed did not reduce interest rates • Carry trade may be ending • Warren Buffett disclosed that he sold half of his long-term position in AAPL • The hype over AI is showing cracks One key reminder for savvy investors: • Pullbacks are normal; the market does not go up in a straight line Read on for more about how to put this week in perspective with regards to a long-term portfolio strategy. https://lnkd.in/gvTetS9i

We have known all along that political headlines would stoke anxiety, fear or worry throughout 2024. Recent events may have you concerned about your investments and your long-term wealth, but it’s important to keep your emotions from affecting your decisions. Here are some insights we’ve put together for our clients to offer perspective in moments like these: • Investing in an Election Year: https://lnkd.in/g-wQDFEh • Investor Insights on Inflation, Interest Rates and the White House: https://lnkd.in/gD9jMPSQ • Should Politics Sway Your Investment Strategy? https://lnkd.in/eFVQTW5