How to Survive the Next Stock Market Crash

WealthCare Financial has helped many individuals and business investors protect their portfolios from market downturns through custom financial strategies and an emphasis on education

Boca Raton, FL – The next stock market crash isn’t a matter of if, but when. Since 1950, stocks have declined by 20% or more 11 times, so about once every six years. Fortunately for clients of WealthCare Financial, the financial and investment advisory firm provides a host of financial products and services to help investors thrive during the good times and survive during the bad. Managing partners and co-founders Michael Boggiano and Shaun Tarzy work with investors to build portfolios that can withstand all investment conditions.

“Looking past extreme market volatility can be emotionally challenging for even seasoned investors, which is why the first step is to help clients plan for the long term,” says Boggiano and Tarzy. With this in mind, WealthCare Financial creates comprehensive financial plans that show where clients are today and where they will be in retirement.

“People save and invest for decades to enjoy a retirement that could last a lifetime, and along the way, there will be periods of market declines,” says Boggiano. “But with a financial plan, those short-term events matter less. Part of our job is to help people effectively manage their assets and risks for the long haul.”

As part of their financial planning process, WealthCare Financial offers disability and long-term care insurance to protect against risks throughout life that could devastate a client’s assets, especially during a market downturn.

Their next step is to work with clients to build a portfolio with the appropriate investments. WealthCare Financial doesn’t believe in one-size-fits-all investments because your portfolio should be based on your personal needs and financial goals. The firm’s investment management service is comprised of Exchange Traded Funds (ETFs) and model (Managed) portfolios that seek to maximize risk-adjusted returns based on a client’s long-term financial goals.

“Often, the best move during a market crash is to stay the course,” says Boggiano. “Investors are more likely to stick with a portfolio when it aligns with their specific financial situation.”

For example, Boggiano and Tarzy say, the investment process for retirees is wholly different from those early in their careers. Retirees can be more vulnerable to a market crash. For one, they are withdrawing funds from their portfolios for income, meaning they are selling at lower prices. And, unlike younger investors, they have less flexibility to simply wait until markets recover.

Unless they prepare, Tarzy explains.

“No one can predict the future,” he says. “Which is why we encourage portfolio diversification with a range of investment assets.”

Along with traditional investments, like stocks and bonds, WealthCare Financial offers annuities that can prevent a client’s account from losing value in a down market. In addition, they can provide guaranteed income along the lines of a company pension or Social Security. With less volatility and a reliable income stream, a diversified portfolio can give peace of mind to those nearing or in retirement who fear outliving their money.

Last, but not least, Boggiano and Tarzy say, education can play an important role during times of market panic. Staying informed of events in the market and the economy can help people stay calm and make prudent financial decisions.  

“Most people do not come from a financial background, so client education is a cornerstone of what we do,” Tarzy says. “We are not in the business of serving our client’s money but our clients themselves. Therefore, we always keep an open line of communication to clients to act as a valuable resource for answering questions and delivering timely information.”

WealthCare Financial specializes in helping medical professionals, business owners, and pre-retirees manage their financial planning, investment and insurance needs. Regardless of what the market is doing, the firm helps people implement financial strategies designed to achieve their long-term financial goals.

Investment advisory and financial planning services are offered through Alphastar Capital Management LLC, a SEC registered investment adviser. WealthCare Financial and Alphastar are separate and independent entities.

Investing involves risk, including the potential loss of principal. Past performance is not a guarantee or predictor of future results of any particular investment, benchmark, or indices, nor a guarantee of achieving overall financial objectives. All investment strategies have the potential for profit or loss. Changes in investment strategies, contributions or withdrawals, and economic conditions, may materially alter the performance of your portfolio. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company and are not offered or guaranteed by Alphastar.

Media Contact
Company Name: Wealthcare Financial
Contact Person: Michael Boggiano
Email: Send Email
Phone: 561-705-2005
Address:5301 N Federal Hwy, Suite 170
City: Boca Raton
State: Florida
Country: United States