{"id":205,"date":"2023-02-02T15:25:10","date_gmt":"2023-02-02T07:25:10","guid":{"rendered":"https:\/\/jonfire.com\/?p=205"},"modified":"2023-02-04T20:45:25","modified_gmt":"2023-02-04T12:45:25","slug":"protect-your-investments-in-the-uncertain-year-of-2023","status":"publish","type":"post","link":"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/","title":{"rendered":"Navigating the Risky Waters of 2023: Protecting Your Investments in an Uncertain Year"},"content":{"rendered":"<p>I\u2019m going to be honest: I don\u2019t know how the market is going to perform in 2023. It could go up, it could go down, or it could stay level. As a financial professional, I have some knowledge of what might affect markets and what may happen this year\u2014but only time will tell if that knowledge is accurate or not.<\/p>\n<p>So while I can recommend some things that may help you protect your investments against uncertainty in this uncertain year, there\u2019s no way for me to guarantee they\u2019ll work. That said, here are some tips to keep in mind as you build your portfolio over the next 12 months:<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Understanding_the_Risks_of_2023_Investments\" title=\"Understanding the Risks of 2023 Investments\">Understanding the Risks of 2023 Investments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Understand_what_youre_buying\" title=\"Understand what you\u2019re buying.\">Understand what you\u2019re buying.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Do_your_homework\" title=\"Do your homework.\">Do your homework.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Diversifying_Your_Portfolio\" title=\"Diversifying Your Portfolio\">Diversifying Your Portfolio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Seeking_Professional_Advice\" title=\"Seeking Professional Advice\">Seeking Professional Advice<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Consider_where_youre_investing_and_why\" title=\"Consider where you\u2019re investing and why.\">Consider where you\u2019re investing and why.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Take_a_long-term_view_of_your_investments\" title=\"Take a long-term view of your investments.\">Take a long-term view of your investments.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Stay_up_to_date_on_the_news_and_economic_data_that_affects_the_market\" title=\"Stay up to date on the news and economic data that affects the market.\">Stay up to date on the news and economic data that affects the market.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Have_a_financial_plan_in_place_before_you_invest_and_stick_to_it_as_much_as_possible\" title=\"Have a financial plan in place before you invest and stick to it as much as possible.\">Have a financial plan in place before you invest and stick to it as much as possible.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Be_flexible_but_disciplined_for_your_investments_in_2023\" title=\"Be flexible but disciplined for your investments in 2023\">Be flexible but disciplined for your investments in 2023<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"http:\/\/jf.local\/protect-your-investments-in-the-uncertain-year-of-2023\/#Final_Words\" title=\"Final Words\">Final Words<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Understanding_the_Risks_of_2023_Investments\"><\/span>Understanding the Risks of 2023 Investments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/silhouette-man-jumping-between-cliff-with-number-2022-to-2023-and-birds-flying-at-top-of-mountain-freedom-challenge-and-travel-adventure-holiday-concept-stockpack-adobe-stock.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-271\" src=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/silhouette-man-jumping-between-cliff-with-number-2022-to-2023-and-birds-flying-at-top-of-mountain-freedom-challenge-and-travel-adventure-holiday-concept-stockpack-adobe-stock.jpg\" alt=\"Silhouette man jumping between cliff with number 2022 to 2023 and birds flying at top of mountain. Freedom challenge and travel adventure holiday concept.\" width=\"1000\" height=\"667\" title=\"\" srcset=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/silhouette-man-jumping-between-cliff-with-number-2022-to-2023-and-birds-flying-at-top-of-mountain-freedom-challenge-and-travel-adventure-holiday-concept-stockpack-adobe-stock.jpg 1000w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/silhouette-man-jumping-between-cliff-with-number-2022-to-2023-and-birds-flying-at-top-of-mountain-freedom-challenge-and-travel-adventure-holiday-concept-stockpack-adobe-stock-300x200.jpg 300w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/silhouette-man-jumping-between-cliff-with-number-2022-to-2023-and-birds-flying-at-top-of-mountain-freedom-challenge-and-travel-adventure-holiday-concept-stockpack-adobe-stock-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/a><\/p>\n<p>The year 2023 is shaping up to be a turbulent one. The stock market has been volatile, emerging investment trends are changing the face of the global economy and political upheaval is happening all around us.<\/p>\n<p>The best way to protect your investments in such an uncertain climate is by understanding the risks involved and being prepared for them. This will enable you to make informed decisions about how much risk you will take on when investing in 2023 investments so that whatever happens next year doesn\u2019t catch everyone off guard like it did last time around!<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Understand_what_youre_buying\"><\/span>Understand what you\u2019re buying.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You may wonder, \u201cWhat is this investment?\u201d and \u201cHow does it work?\u201d To answer those questions: It\u2019s a thing that you buy, and then someone else buys it from you for more money than they paid for it.<\/p>\n<p>It is important to understand the risks involved with any investment. For example, if I were to tell you I have an investment opportunity in which we both put our money together into a pool of funds from which we will both receive returns based on how well those funds perform over time\u2014but also our entire pool will evaporate because we\u2019re investing in volatile assets like cryptocurrencies or stocks\u2014would that make sense as an investment?<\/p>\n<p>Maybe! But probably not! You should probably look elsewhere if all these terms are foreign or confusing to you; otherwise, read on!<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Do_your_homework\"><\/span>Do your homework.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-211\" src=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-mart-production-7605941-1024x683.jpg\" alt=\"\" width=\"960\" height=\"640\" title=\"\" srcset=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-mart-production-7605941-1024x683.jpg 1024w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-mart-production-7605941-300x200.jpg 300w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-mart-production-7605941-768x512.jpg 768w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-mart-production-7605941.jpg 1279w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/p>\n<p>Do your homework.<\/p>\n<p>It\u2019s a simple concept, but it\u2019s easy to forget in the excitement of buying stock or investing in a new company. Before you buy any stocks or bonds, take the time to do some research on the company and industry they operate within. Look at their financial statements (balance sheet, income statement and cash flow statement) so that you can see how much debt they have compared to their assets and equity\u2014if there is too much debt then it could mean trouble down the road when they need cash flows from operations just to pay back loans instead of investing in new projects which could lead to lower returns.<\/p>\n<p>Look at competitors\u2019 ratios as well\u2014a great metric is return on equity (ROE), which measures how much profit each dollar invested generates for shareholders; if ROE is high, then investors are making money off their investments, but if ROE falls below 10% then perhaps this isn\u2019t such an attractive investment anymore<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Diversifying_Your_Portfolio\"><\/span>Diversifying Your Portfolio<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Diversification is the key to reducing risk and increasing your chances of financial success. It\u2019s important that you diversify your portfolio so that if one investment loses value, it won\u2019t completely tank your entire portfolio.<\/p>\n<p>For example, if you invest in stocks and one stock drops significantly in value while another goes up dramatically (or vice versa), the overall impact on your investments will be less severe than if all of them were affected equally by the same event \u2014 diversification helps absorb some of the volatility inherent in investing money into individual securities or assets.<\/p>\n<p>Diversifying effectively means balancing risk and reward: You want enough risk so as not to lose out on potential gains but not so much as to expose yourself unnecessarily when losses occur because of unforeseen circumstances beyond anyone\u2019s control (e., g., a recession).<\/p>\n<p>When deciding what types of investments may suit their needs best based on their life goals\u2014and how much risk they\u2019re willing to take on given those goals\u2014investors should consider factors like age\/life stage; family situation (single vs. married); income level (s); savings rate; net worth goal (s) etcetera, before deciding about where exactly they want their money invested.<\/p>\n<p>You can find more content here: <a href=\"https:\/\/www.forbes.com\/sites\/investopedia\/2017\/10\/19\/understanding-the-benefits-of-diversification\/?sh=6d74b8c53868\" target=\"_blank\" rel=\"noopener\">Forbes &#8211; How Diversification Works, And Why You Need It<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Seeking_Professional_Advice\"><\/span>Seeking Professional Advice<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-212\" src=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-shvets-production-7176319-1024x682.jpg\" alt=\"\" width=\"960\" height=\"639\" title=\"\" srcset=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-shvets-production-7176319-1024x682.jpg 1024w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-shvets-production-7176319-300x200.jpg 300w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-shvets-production-7176319-768x512.jpg 768w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-shvets-production-7176319.jpg 1280w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/p>\n<p>In the uncertain year of 2023, you may wonder how you can protect your investments. The good news is that there are plenty of ways to do so\u2014and one of them is seeking professional advice from a financial advisor.<\/p>\n<p>But what exactly does a financial advisor do? And how can they help you?<\/p>\n<p>In this article, we\u2019ll explore why it\u2019s important to find an experienced professional who can guide you through these turbulent times and provide sound financial planning strategies for your future.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Consider_where_youre_investing_and_why\"><\/span>Consider where you\u2019re investing and why.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you\u2019re going to invest in the stock market, you need to make sure that what you\u2019re investing in is something that makes sense for your situation. If you can\u2019t explain how a company makes its money or what it does, then maybe it\u2019s not worth buying shares of.<\/p>\n<p>Investing is also about understanding how much risk each company takes on\u2014and why they might take that kind of risk. For example: A coffee shop chain like Starbucks might be less risky than an online retailer like Amazon because Starbucks has physical stores where people can walk into and buy things while Amazon doesn\u2019t have any physical locations at all (yet).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Take_a_long-term_view_of_your_investments\"><\/span>Take a long-term view of your investments.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The most important thing to remember is that you should not be too focused on short-term performance. When you invest in the stock market, there will always be difficulties. Don\u2019t panic when the market drops\u2014it will recover, eventually! Be patient, even if it takes a long time to reach your goals; don\u2019t invest in something you don\u2019t understand or won\u2019t give you enough return on investment (ROI).<\/p>\n<p>You also need to make sure that what you\u2019re investing in isn\u2019t too risky or won\u2019t cause too much stress if things go wrong. And finally: Don\u2019t invest more than what you can afford to lose. Here an article to guide you through <a href=\"https:\/\/www.fool.com\/investing\/how-to-invest\/stocks\/investment-strategies\/\" target=\"_blank\" rel=\"noopener\">The Motley Fool: Investment Strategies for the Long Term<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stay_up_to_date_on_the_news_and_economic_data_that_affects_the_market\"><\/span>Stay up to date on the news and economic data that affects the market.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-213\" src=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-nappy-935979-1024x688.jpg\" alt=\"\" width=\"960\" height=\"645\" title=\"\" srcset=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-nappy-935979-1024x688.jpg 1024w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-nappy-935979-300x202.jpg 300w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-nappy-935979-768x516.jpg 768w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-nappy-935979.jpg 1280w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/p>\n<p>The best way to protect your investments is by staying up to date on the news and economic data that affects the market. You should also be able to interpret this information so you know what it means for your portfolio. Some events can have a tremendous impact on how much money you make or lose. For example, if a company\u2019s stock takes a hit after the news breaks about something that happened at their headquarters, then maybe it\u2019s time for some diversification!<\/p>\n<p>A good rule of thumb is: if something big happens in business or politics &#8211; even if it doesn\u2019t seem directly related &#8211; check out how it might affect companies in which you\u2019re invested before making any changes (or buying new ones).<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Have_a_financial_plan_in_place_before_you_invest_and_stick_to_it_as_much_as_possible\"><\/span>Have a financial plan in place before you invest and stick to it as much as possible.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can\u2019t protect your investments if you don\u2019t have a plan in place. In fact, it\u2019s not just important to have an investing strategy; it\u2019s critical. Your financial plan should be based on your goals and risk tolerance, as well as any changes in your life (like getting married or having kids). You should review this document regularly so that it continues to reflect what matters most to you at any point in time.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Be_flexible_but_disciplined_for_your_investments_in_2023\"><\/span>Be flexible but disciplined for your investments in 2023<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-214\" src=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-andrea-piacquadio-3772612-1024x682.jpg\" alt=\"\" width=\"960\" height=\"639\" title=\"\" srcset=\"http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-andrea-piacquadio-3772612-1024x682.jpg 1024w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-andrea-piacquadio-3772612-300x200.jpg 300w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-andrea-piacquadio-3772612-768x512.jpg 768w, http:\/\/jf.local\/wp-content\/uploads\/2023\/02\/pexels-andrea-piacquadio-3772612.jpg 1280w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/p>\n<p>The year 2023 promises to be a tumultuous one for investors, so it\u2019s important to be flexible but disciplined as you navigate the market.<\/p>\n<p>Don\u2019t panic when the market drops.<\/p>\n<p>Don\u2019t get too excited when the market goes up.<\/p>\n<p>Don\u2019t take too much risk or invest in something you don\u2019t understand or watch CNBC during market hours (or, if you do&#8230;)<\/p>\n<p>Diversify your portfolio!<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Words\"><\/span>Final Words<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The year 2023 is going to be an exciting time for all of us. There are going to be new technologies, new opportunities, and unknown risks.<\/p>\n<p>You can use these tips to help protect your investments against some of those risks while staying flexible enough so that if something unexpected happens in the world economy or political climate, you won\u2019t feel too scared about investing in it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I\u2019m going to be honest: I don\u2019t know how the market is going to perform in 2023. It could go up, it could go down, or it could stay level. As a financial professional, I have some knowledge of what might affect markets and what may happen this year\u2014but only time will tell if that knowledge is accurate or not. So while I can recommend some things that may help you protect your investments against uncertainty in this uncertain year, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[12],"tags":[13],"_links":{"self":[{"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/posts\/205"}],"collection":[{"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/comments?post=205"}],"version-history":[{"count":10,"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/posts\/205\/revisions"}],"predecessor-version":[{"id":273,"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/posts\/205\/revisions\/273"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/media\/210"}],"wp:attachment":[{"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/media?parent=205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/categories?post=205"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/jf.local\/wp-json\/wp\/v2\/tags?post=205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}