Uncertainty in the Markets

April 12, 2023

As you probably know, there is a lot of uncertainty with our economy today. Many economists and analysts have discussed the possibility of a recession in the near future, and given the volatility in the markets, many investors see the possibility, too.

A recession isn’t much fun to think about, let alone experience. However, having gone through this sort of situation several times during my 30-year career, I can say that there is good news: we have the ability to prepare for it, if it comes.

There are three things all investors should review and potentially adjust before a recession hits. They are:

  • Your diversification. Is your portfolio overly vulnerable to an economic downturn?
  • Your risk tolerance. Are you concerned your investments are too risky? If so, now’s the time to find out.
  • Your cash flow. How could a recession impact your income, especially in retirement?

As some of you know – I served in the Canadian Armed Forces for over 10 years, and there was a rule of thumb that went, “Prior proper planning prevents poor performance.” By taking steps in advance to prepare for a possible recession, we can work to mitigate its effects on both your portfolio and your finances in general.

If you have any concerns about what a recession could do to your retirement, are unhappy with how your investments have been performing, or just need someone to talk to, I’d like to invite you for a chat for a free second opinion. Together, we can discuss both your near and long-term goals, your current investments, and cash flow to see if there are any changes you need to make before a recession hits. That way, we can ensure that you are well prepared no matter which way the economy goes.

Please use my online calendar link to schedule a call.  And of course, if there is anything I can do for you in the meantime, please don’t hesitate to let me know. I look forward to chatting with you soon!


Fabien Ouellette

CMT, CFTe, CIM, FCSI
Portfolio Manager
Q Wealth Partners

Stay Connected.
Subscribe to our newsletter.
Thank you! Your submission has been received!
Thank you! Your submission has been received!
Connect with us.
We’re here to help you
navigate your financial journey.
contact
Office: 613-599-8885
Toll-Free: 877-599-8885
hours
Monday - Friday
9am-5pm ET

Become a Client!

Fill out the form below to begin discussing how we can help you.
Thank you! Your submission has been received!
Thank you! Your submission has been received!
Close