Crisis in Japan Crisis in Japan Our thoughts and prayers go out to the people of Japan during this devastating time. Their resilience will be tested, but their collective resolve will pull them through. As we would expect, devastation and uncertainty results in heightened volatility in the equity markets. While this uncertainty is concentrated in Japan, there is a ripple affect that occurs in other markets. This is especially true when the third largest economy in the world, as is the case with Japan, suffers a major disaster. Diversification is the core foundation of our investment approach. Our direct exposure to Japan ranges from less than 1% to under 4% in our client portfolios. The more equities a portfolio has, the greater the exposure to Japan, i.e., our allequity, Target 100 allocation has direct exposure to Japan of under 4%. While this is not a significant allocation to any one country, volatility has a way of spreading across other countries, including the US. We will monitor this heightened market volatility closely and take advantage of any portfolio opportunities that may exist. Our long-term portfolio’s resilience may be temporarily tested, but our portfolio’s resolve will pull through. Should you have any questions, please do not hesitate to call. RTD Financial Advisors, Inc. |
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