Market Volatility & More!

Market Volatility

Market volatility has returned in 2018. While volatility seems scary, it’s quite normal and healthy. By comparison to the nearly straight-up trajectory of the market the past nine years, the past six months does seem nerve racking.

It’s normal

Keep in mind that we’d expect to see a 10% or greater decline (a “correction”) in the market every twelve to eighteen months, yet we’ve only seen four such declines since the market started rebounding in March 2009. That’s an average of one correction every twenty-seven months. If for nothing else, we’re due to catch up in volatility after enjoying a tame market for so long.

We’re still doing okay

With one week remaining in June, the S&P 500 is still positive for the year when including dividends. While it’s not the robust gains we’ve seen in recent years, it’s also not far off its average annualized pace.

Stay calm

Stock investments are meant for your long-term goals (those at least 10 years out-including retirement income). If your goals are long-term, you’ll expect to see some ups and downs along the way. Take some time to measure your overall risk. If your investments meet your risk tolerance, stay calm. If you’re taking too much risk, this could be a time to strike the right balance for you.

You can use our risk-assessment tool if you’d like another opinion on where you stand with risk: Riskalyze.

The year ahead

We’re likely to see continued volatility for the balance of the year. The mid-year point is a great time to reassess your financial picture, goals, and risk. Make the necessary adjustments now so that you’re not caught in panic should the markets pull back from here.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification and asset allocation do not protect against market risk.

Stock investing involves risk including loss of principal.

The opinions voiced in this material are for informational purposes only and are not intended to provide specific advice to any individual. Consult your legal, tax, and/or financial advisor to determine what is appropriate for your situation.

Events & Sponsorships

Paws for a Cause

Thursday, September 6th from 5-8pm

The Thirteenth Annual Paws for a Cause Charity Night & Silent Auction will benefit Animal Safe Haven & Adoptions, Show Your Soft Side, and Furry Friends Network.


This year’s event will feature guest bartenders, brewery tours, animals brought by the charities, a silent auction, raffles, games, BMore Greek food truck, and more!


You can follow Paws on Facebook at Paws’ Facebook Page for regular updates.

Away from the Office

Monday, July 2nd through Friday, July 6th.

Woody will be out of the office.

Independence Day

Our office will be closed from 12pm on July 3rd through 10am on July 5th. Have a great holiday!

We are always accepting donations for the local animal shelters– toys, tennis balls, collars, leashes, food, cat litter, cardboard trays, office supplies, cleaning supplies, towels, mats, washcloths, etc. We will accept donations Monday-Friday between 9am & 5pm.


June is one of my favorite months of the year. Elise’s birthday, time off with my family, and Father’s Day are tough to beat.

This year, we had Elise’s birthday at a park. The kids had a great time on the playground, doing a scavenger hunt, and eating the cupcakes that Elise helped make. A couple of days later, on Elise’s birthday, we were able to include Fenway & Roxy in the celebration. Since then, we regularly hear about all the things Elise can do now that she’s 4.

I had a great Father’s Day as well. Elise and I took the water taxi to the Maryland Science Center. It was a beautiful day for a boat ride and picnic. Elise’s favorite parts of the Science Center are the dinosaur exhibit, using large blocks to build a house, and the Kid’s Room.

I hope you enjoyed this month’s newsletter.


Best Wishes,

Woody Derricks, CFP®, ADPA®


CA Insurance License #0C40217