Watching the market unfold today reminded me to always expect the unexpected when dealing with stocks. A popular and trendy tech company with direct ties to Apple declared Bankruptcy today after they failed to get there supply of product to the market. It surprised the indexes quite a bit and several ETF's sold off as well due to there holding of the company. Mr. Market does not make things easy for us and today is a perfect example of why it is so important to understand exactly what you own and how it can effect your overall portfolio.
With volatility picking up as we head into the end of the year it is paramount that you stick to your game plan to whether any potential storm that may be brewing ahead. Volatility does not have to be bad. In fact, it often provides for better opportunities for those willing to take advantage. Feel free to contact me for info on how you to can take advantage of potential opportunities.
Eric Marvin
CEO of M&M Wealth Management, LLC
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