CONTACT US
Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.
Nate Obringer, CFP®, RICP®
Financial Planner
Prudential Advisors
9800B McKnight Road, Suite 223
Pittsburgh, PA 15237
Phone: 412-318-4129
Fax: 877-840-2322
Email: nate.obringer@prudential.com
September/October 2021
Diversify and Stay Calm
The unknown can be scary, especially when it comes to your finances. You don’t have a crystal ball, but you do have one tool in your financial toolbox that may help cushion your portfolio against any market fluctuations: Diversification.*
Diversification Defined
Diversification means spreading your investment dollars across several different asset classes. Investing in a variety of asset classes may potentially reduce your portfolio’s volatility and minimize your risk of loss. Setting and maintaining your strategic asset allocation are key for your long-term investment success. Review your portfolio annually or whenever your circumstances change and rebalance your asset mix, if necessary.The Basic Components
A diversified portfolio typically includes these basic asset classes:Stocks offer higher growth potential than other asset classes. But stock values can be volatile, resulting in a greater risk of losses.
Fixed income investments (bonds) provide income from interest. Bonds may reduce your portfolio’s volatility and help cushion losses when stock values lose ground.
Cash equivalents consist of short-term, low-risk investments. They preserve principal while earning interest at typically low rates. They also offer stability and relatively easy access to your cash.
A Step Beyond
Diversification doesn’t stop with the three major asset classes. International stocks give you exposure to foreign markets. Sector stocks focus on specific industries or areas of the economy. Including these investments can further diversify your portfolio.Your financial professional can help you select a diversified portfolio of investments that complement your goals and risk tolerance.
*Diversification cannot eliminate the risk of investment losses. Past performance won’t guarantee future results. An investment in stocks or mutual funds can result in a loss of principal.
1048401-00001-00
Nate Obringer is a Financial Planner with, and offers securities and investment advisory services through LPL Enterprise (LPLE), a Registered Investment Advisor, Member FINRA/SIPC, and an affiliate of LPL Financial.
"Prudential Advisors" is a brand name for the proprietary retail sales channel of The Prudential Insurance Company of America ("PICA") and its insurance company and other affiliates (collectively "Prudential"). Prudential Advisors financial professionals are licensed insurance agents of Prudential.
Pursuant to a strategic relationship among Prudential, LPLE, and LPL Financial, Prudential Advisors financial professionals provide securities brokerage services and/or investment advice on securities solely as registered persons of LPLE, an affiliate of LPL Financial. These financial professionals are permitted to brand under "Prudential Advisors". LPLE and LPL Financial are not affiliated with Prudential.
This newsletter is general educational information provided by a Prudential Financial Professional and is not intended to market or sell any specific products and services, but rather provide general information about the subject matter covered only.
Prudential Advisors and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.