President/CEO of Forest Hills Financial, Jaime Westenbarger Advises Gut Check For Market Volatility.

GRAND RAPIDS, MI, October 6, 2015: Founder and President/CEO of Forest Hills Financial, Jaime Westenbarger posted a new article on his website entitled, “Time for a Gut Check on the Stock Market Roller Coaster Ride.” According to Mr. Westenbarger, now is not the time to jump off the ride.

Jaime WestenbargerWestenbarger states, “Greece, China, Puerto Rico, the sudden long drops, followed by the upside down turns of the global marketplace is not thrilling. In fact as an investor it is a time when many people scream, ‘Stop the ride I want to get off!’”

However, Westenbarger’s advice is clear, “Before you get off the ride, though, you might want to review your asset allocation along with your risk tolerance. Getting off the ride when the market is down means you’d be selling low.”

According to Westenbarger, “This might be the time to sit down with your financial advisor and rebalance your portfolio.” He continues adding, “If you haven’t done that in awhile, or never, it is that counterintuitive process where you sell winners and buy losers in order to achieve and/or maintain the desired asset mix.” A few questions are posed. Westenbargers asks readers to determine, “Do you have enough cash on hand? Are you properly allocated between stocks, bonds and alternative assets?”

That lurching feeling in the stomach is expected on a roller coaster. And Westenbarger counsels, “Even if your gut is telling you that you want off the roller coaster, don’t let fear be your guide.” He adds, “If you sell now, you may have miscalculated your risk tolerance in the first place. That’s common when the market is performing well and novice investors think they’ve got the stomach for the long-term ride.”

The entire article can be read at http://www.roadmaptoretirement.com/blog/time-for-a-gut-check-on-the-stock-market-roller-coaster-ride.php

About Jaime Westenbarger

Since starting Forest Hills Financial in a small one-person office in 2006, Jaime Westenbarger has turned the financial world on its head. Through his nationally syndicated radio show, The Keeping Your Money Show, he has helped thousands of people filter through the salespeople of the financial services world and focus on the information that actually matters. Jaime’s style of simple explanations of complex problems helped grow his business in only seven years to include clients in 15 states, advisors in three offices, and The Keeping Your Money Show continuing to grow its listening audience. Forest Hills Financial was able to grow revenue during one of the most devastating recessions in recent memory. Additionally the company continues to develop in size and influence in the financial community on a local, state and even national level. Recently honored with speaking to entrepreneurs at an event hosted by Steve Forbes and authoring a chapter in Mr. Forbes latest book Successonomics, the reach of Jaime’s message continues to grow across the country.

Abour Forest Hills Financial

We are advisors who understand finance and Michiganders. Talking about one’s financial situation can be a bit daunting; everyone has a different way they feel about money, and they have specific goals they want to work towards. Our advisors will recommend a financial plan that takes into account what you need – retirement planning, investments, insurance and more. You’ll receive the financial products and services that fits you to put you on your path to your financial goals. If you’re looking for someone who not only understands your goals, but gets why you have them, you’ll love working with Financial Hills Financial.

Securities offered through First Allied Securities, Inc. a Registered Broker/Dealer Member FINRA/SIPC. Advisory services offered through First Allied Advisory Services, Inc., a Registered Investment Adviser.

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Posted Under: Jaime Westenbarger