Intercoastal Wealth Planning
Elizabeth M. Bennett, MBA, Principal and Certified Financial Planner
When the state of the market isn’t the best news, you can count on Certified Financial Planner™ Beth Bennett to “talk her clients through volatility,” with sound advice and personal concern for their fears. More importantly, her decades of experience provide clients with a breadth of solutions for their wealth management and a voice of calm to help forge a plan together, in good times and bad.
“Traditional asset allocation and core portfolio construction is being challenged at the moment. Staying invested in the market is very important for the growth of your wealth. You cannot time the market. What is more important is time IN the market. According to JP Morgan’s analysis, if you had invested $10,000 in the S&P 500 on January 1, 2002, and stayed the course, you would have $61,685 as of December 31, 2021. However, if you missed the 10 best days in the market, you would have $28,260. All this being noted, it is very important to have a cash buffer to weather these markets,” says Bennett.
Bennett’s new Florida office, Intercoastal Wealth Planning, a division of Chesapeake Financial Planning, is now open at 6751 N. Federal Highway, fourth floor, in Boca Raton. “Please call or stop by,” she says.
INTERCOASTAL WEALTH PLANNING
Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker dealer, member FINRA/SIPC. Advisory, Insurance, and Tax Services offered through Bay Financial Planning and Tax Services, DBA Intercoastal Wealth Planning LLC, a Registered Investment Adviser. Cambridge and Bay Financial Planning and Tax Services, LLC are not affiliated.
This sponsored content is from the November/December 2022 issue of Boca magazine. For more from this year’s 561 Faces special section, click here.