Extol Summer 2020 | Page 70

EXECUTIVE Data Source: Yahoo Finance, Image Source: Created by John Hancock Retirement Plan Services for Axiom Financial Strategies Group. http://www.learningaboutretirement. com/?purl=11563-9-1/dnt=1 4. Don’t invest money you don’t have. While it is great to increase your 401k contribution or start to invest in your favorite store/restaurant, etc. when their stock price falls. Remember to only invest what you can afford to lose. If you are not comfortable with the potential of losing the money, then do not invest it. Now more than ever, it is crucial to have your 3-6 months of emergency reserves set aside. These funds are not to be used for investment purposes. 5. Consult with a financial professional. When trying to navigate the waters of investing, consulting with a professional is the nest idea. Most of us have been through this before and can provide to you real life examples and industry respected resources as we help you develop a financial plan to not only navigate the current state but achieve your future goals. While “stay the course” may be the last thing you want to hear from your financial advisor, it is oneof the pinnacles of a long-term strategy. If you would like to discuss investment options or create afinancial plan of your own, you can reach us at (812) 913-7701. This report was prepared by Axiom Financial Strategies Group, a federally registered investment adviser under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. This is prepared for informational purposes only. It does not address specific investment objectives, or the financial situation and the particular needs of any person who may receive this report. Neither the information nor any opinion expressed it so be construed as solicitation to buy or sell a security of personalized investment, tax, or legal advice. For more information please visit: https://adviserinfo.sec.gov/ and search for our firm nam RODEFER MOSS 68 EXTOL : SUMMER 2020