The Bombing of Iran

Fear and Your Finances

First, I want to acknowledge how difficult it can be to set aside the strong emotions that often occur during major world events like this. However, as hard as it can be, investing decisions fueled by these short-term fears should be avoided. 

Historically, long-term investing outshines short-term market trading over time. Additionally, our team is dedicated to building diverse portfolios that reduce risk and protect against volatility where possible, while also identifying opportunities for investors with certain risk tolerances. 

What We Know

Oil prices have already risen and may continue to do so, with the Strait of Hormuz effectively closed. Markets around the world have closed lower and may continue to experience volatility over the coming days. Gold, a safe-haven asset, has surged. There is some risk of limited economic impacts tied to these developments, depending on how the situation unfolds. 

What We Don’t Know

It’s important to acknowledge that there are many variables we don’t know: how long exactly the war will last, whether it will become a larger regional war beyond the current fighting with Iran and Hezbollah, and who will rise to power in Iran, to name a few. What Iran, Israel, the United States, and other countries do in the coming days will likely affect what happens within the markets and the broader economy. 

With that said, I know moments like these can feel uncertain, but please know I am committed to staying up to date on current events, long-term opportunities, and your specific situation. I will continue to keep you apprised of any key developments in markets or the economy. If you have questions in the meantime, do not hesitate to reach out.