FIT Wealth Management, 2nd Quarter 2022 Update

Bill Donohue Newsletter

Hello All,

It’s summertime and what a great way to start the season as the Colorado Avalanche close out an incredible year with their third Stanley Cup win. Detroit might consider themselves Hockey town U.S.A. but in 2022 the hockey universe has revolved around the Centennial State. It’s a hockey trifecta for the state of Colorado. We would be remiss if we didn’t send out big congrats to both the University of Denver Pioneers and the Denver East Angels as both won their respective national hockey championships.

So far 2022 has been fraught with high volatility in the markets. Hiding from the downturn has been tough as most asset classes have pulled back. Regardless of the short-term fluctuations there are time tested rules we apply to our investment process. Common themes for us in times of high volatility include sticking to your long-term plan, not timing the market, adjusting your plan as life events and goals change and staying invested while keeping emotions in check. We have seen our fair share of volatile markets. With over 71+ years of investing experience, we have seen our share of tough markets. Make no mistake…this is a difficult environment.

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June 2022 – FIT Quarterly Commentary (Final Draft)