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Wednesday, August 26, 2015

Market Update

American Investment Planners LLC
500 North Broadway, Suite 260, Jericho, NY 11753
(516) 932-5130 / (866) 932-5130

We are all witnessing the increased volatility in the global markets which began two weeks ago when China unexpectedly devalued its currency, raising fears that its economy might be in worse shape than previously considered. It is natural to wonder how this may impact our wealth. The daily ups and downs today will be frustrating. Wall Street’s initial sell-off may ease throughout the day. While we continue to be cautious, let’s remember to stay focused on the long-term. We'd like to point out that this sharp pullback has come in the wake of a seven-year bull market run. To ease some of your concerns, please click here to check out an article from industry gurus at Hartford Funds. 

The old adage of “buy low, sell high” is sometimes forgotten when the market moves down. The history of the stock market illustrates its unpredictable nature and investors that stay in the market long enough will certainly see more ups and downs in the future. We must continue to stay focused on long-term goals rather than short-term statements. There are reasons to remain optimistic about the market’s future in the months ahead. 

We at American Investment Planners LLC consider it our responsibility to assist our clients and keep them focused on their personal financial plan we have developed to reach their long-term financial goals. Please call us at 1-866-932-5130 if you would like to discuss the opportunities the market is currently presenting.

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