Investing

Ask The Advisor: Stay On Track With Your Investing Plan

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By Monica Chandra, CFP ®, Financial Advisor

Monica is a Certified Financial Planner ™ and advises Members at our Santa Ana branch.

The stock market can rise and fall on world events. Bad news can send it plunging as investors panic and sell off their investments, while good news keeps them active in the market. Sometimes referred to as a roller coaster, the market can be a ride many are nervous taking, particularly when it goes south. But common sense says you wouldn’t jump off a ride midway through, no matter how scary the dips. That could be disastrous. Still, weathering volatility can be an extremely emotional journey for many.

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Keeping Your Cool During Market Volatility

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When the stock market has a downturn, many investors go into panic mode, selling off parts of their portfolio to avoid temporary drops, and then missing potential gains when it bounces back.

For example, last December the S&P 500 dropped by a whopping 9%, one of the worst Decembers for investing performance since the Great Depression. A dramatic downturn to be sure, but the upside to the story was the day after Christmas it enjoyed its best performance since 2009. Still, the downturn seemed to have more of a negative impact on many investors than the subsequent rebound did.

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Don’t Derail Your Investing Plan

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Are you a worrier when it comes to investing?  Or perhaps you’re the “set it and forget it” type who doesn’t fret much about your investments?  Whatever your investing style is, it’s important to invest regularly and keep a long-term perspective, including paying yourself first … automatically. Here are some tips to save for your future.

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Ask the Expert: Get to Know your Financial Advisor

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By Janet Mendez

Janet Mendez is Assistant Manager of Trust & Investment Services at SchoolsFirst FCU.  She has more than a decade of experience in the financial services industry. She joined the SchoolsFirst team in 2009.  Her previous positions were Senior Retirement Advisor and Financial Advisor. Janet believes it’s important to guide Members through every step of their financial planning goals.

There are many reasons people don’t get professional financial advice — they may worry about the cost, or feel like they don’t have enough money to warrant formal planning.

Whatever your reasons may be, 2019 may be a great time to schedule a one-on-one with a SchoolsFirst FCU financial advisor. This guidance is a benefit of your Membership to help you make good financial decisions and plan for a secure future. Here are some things you should know to help you get started. Continue reading →