5 Steps to Manage Volatility

Before Year-End

As the year draws to a close, market volatility can make even the most seasoned investors uneasy. But with the right strategies, you can navigate these fluctuations and stay on track with your financial goals. Here are five actionable steps you can take before year-end to manage volatility and secure your portfolio.

1. Diversify Your Investments

Diversification is one of the best defenses against market turbulence. If you have too much exposure to a single asset class or industry, consider reallocating your portfolio. Spreading your investments across different sectors and asset types—like stocks, bonds, and real estate—can help reduce your risk and smooth out returns during volatile periods.

2. Reassess Your Risk Tolerance

Your risk tolerance may shift as market conditions change. Are you comfortable with the level of risk in your portfolio, or do you feel uneasy? Take time to reassess how much risk you’re willing to take. If you’re nearing retirement, now might be the time to reduce risk and move toward a more conservative investment strategy.

3. Focus on Long-Term Goals

When markets swing up and down, it’s tempting to make knee-jerk reactions. But history has shown that the best strategy is often to stay the course. Instead of reacting to short-term market movements, keep your focus on your long-term financial goals. Remember, volatility is a normal part of the market cycle.

4. Review Tax Strategies

Volatility can present opportunities for tax-efficient strategies, such as tax-loss harvesting, which allows you to

sell underperforming assets and offset gains elsewhere in your portfolio. This can help reduce your tax burden as you approach year-end. Now is also a great time to review your retirement contributions and consider maximizing them before December 31st.

5. Consider Professional Guidance

If you’re feeling overwhelmed by market volatility, you don’t have to navigate it alone. Professional financial guidance can help you make informed decisions and adjust your strategy as needed. Our team is here to review your current portfolio, discuss your concerns, and help you implement a tailored plan that aligns with your goals.

Want to ensure you’re prepared for what’s ahead? Book a meeting with us to discuss how we can help you manage risk, protect your assets, and secure a strong financial future.

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Investment advisory and financial planning services are offered through Simplicity Wealth, LLC, an SEC-registered investment adviser. SEC registration does not constitute an endorsement of the firm nor does it indicate that the adviser has attained a particular level of skill or ability. Insurance, Consulting and Education services offered through Hux Capital Management LLC. Hux Capital Management LLC is a separate and unaffiliated entity from Simplicity Wealth. Please also add: This information is provided as general information and is not intended to be specific financial guidance. Before you make any decisions regarding your personal financial situation, you should consult a financial or tax professional to discuss your individual circumstances and objectives.