9099 Ridgefield Drive Suite 101
Frederick, MD 21701
VP: (240) 439-6889
Voice: (240) 379-6929
Fax: (240) 379-6909
611 S. Congress Ave. Suite 440
Austin, TX 78704
VP/Voice: (512) 410-0739
Fax: (512) 692-2990
*Securities and Investment Advisory Services offered through Osaic Wealth, Inc., member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Traditional/Fixed Insurance offered through Kramer Wealth Managers which is not affiliated with Osaic Wealth. This communication is strictly intended for individuals residing in the United States. No offers may be made or accepted from any resident outside of the United States. Neither Osaic Wealth, nor its registered representatives, offer tax ore legal advice. For assistance with these matters, please consult your tax or legal advisor.
** Some services offered through independent strategic alliances/professional firms.
*** The securities products and services offered or provided by Osaic Wealth are not being provided or offered on behalf of the Federal Government.The offer of such securities is not sanctioned, recommended, or encouraged by the Federal Government. Osaic Wealth and Kramer Wealth Managers are not endorsed by or affiliated with the Federal Government.
This communication is strictly intended for individuals residing in the United States. No offers may be made or accepted from any resident outside the United States.
IMPORTANT CONSUMER INFORMATION
A broker-dealer, investment financial professional, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker-dealer, investment adviser, BD agent, or IA registration requirements as appropriate. Follow-up: individualized responses to persons in a state by such a Firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion. For information concerning the licensing status or disciplinary history of a broker-dealer, investment, adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.
PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the websites provided here, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites. The company is not liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, websites, information, and programs made available through this website. When you access one of these websites, you are leaving our web site and assume total responsibility and risk for your use of the websites you are linking to.
Copyright © 2024 – Kramer Wealth Managers
Created by CHILMARKeting
240-379-6929 V
240-439-6889 VP
512-379-6909 FAX
info@kramerwealth.com
Since joining Kramer Wealth Managers in 2021, Adrianna Rocha has been a client service dynamo, ensuring every client interaction is seamless and delightful. She’s the go-to guru for all things client experience, handling everything from videophone chats to scheduling meetings and processing forms with a smile. Her goal? To make sure every client feels valued and well-cared-for.
Adrianna graduated with a Bachelor of Arts in Communication Studies from Gallaudet University in 2017 and brings nearly a decade of customer service experience to our team. She thrives on personal connections, celebrating both her achievements and those of our clients. When she’s not busy at work, you might find her indulging in her passions—dogs, houseplants, essential oils, and the tantalizing flavors of Mexican cuisine. Proud fur-mama to her adorable Aussie mix, Ziva. Adrianna brings a touch of warmth and enthusiasm to everything she does.
Q: What’s your favorite part of working with clients?
A: I enjoy client service because it allows me to help people and make a positive impact. Using my listening skills to understand client needs and solve problems is satisfying. I love turning negative experiences positive and the daily variety of challenges.
Adrianna is not registered with Osaic Wealth.
240-379-6929 V
240-439-6889 VP
512-379-6909 FAX
info@kramerwealth.com
Adrianna Rocha joined Kramer Wealth Managers in 2021.
Adrianna is responsible for client experiences and service. As part of the customer service team, she strives to help and provide top-notch service to our clients. As part of her role, she communicates with clients through videophone, schedules client meetings, prepares and processes forms, and gathers information for our advisors.
Adrianna Rocha graduated with a Bachelor of Arts in Communication Studies from Gallaudet University in 2017. Before she joined our team, she worked in the customer service industry for nearly a decade. She excels in human-to-human relations and takes pride in not only her own accomplishments, but her clients’ as well. Adrianna enjoys chatting about her slight obsession with dogs, houseplants, essential oils, and food: especially Mexican food! She is also a proud fur-mama to her beautiful Aussie-mixed pup, Ziva.
Adrianna is not registered with Osaic Wealth.
240-379-6929 V
240-439-6889 VP
240-379-6909 FAX
info@kramerwealth.com
Jack Morley has been a vital part of the Kramer Wealth Managers team since 2010, starting with various projects and officially joining full-time in 2013. As our go-to Account Service Specialist, Jack is the friendly face and reliable voice who ensures a smooth client experience. He’s the linchpin in client communications, handling account maintenance and bridging connections between clients and our advisory team.
A 1998 graduate of Gallaudet University with a BA in Psychology, Jack brings a wealth of customer service experience from retail and human services. His handyman skills are a bonus, making him the resident problem-solver and DIY enthusiast. Outside the office, Jack enjoys long walks with his dog Bailey.
Married for 25 years to his wonderful wife, Monica, Jack is also the devoted dad to two dynamic daughters who keep him on his toes. When he’s not walking Bailey—he’s likely tinkering on a new project or spending quality time with his family.
Q: What’s your favorite part of working with clients?
A: I enjoy assisting clients in maintaining their accounts and ensuring there is a smooth transition in between changes being made within their accounts.
Jack is not registered with Osaic Wealth.
We use cookies to improve our customer experience and to help us provide a better service. By continuing to use this website, you consent to the use of cookies in accordance with our Cookie Policy. Learn more about cookies here.
Accept
Market Update: March 13, 2020
Date & Start Time:
Location Name:
Address:
Transcript:
Hopefully you already received and watched our February 28th market commentary about how COVID-19 has impacted our global economy. While it has only been a couple of weeks since we sent that email, a lot has happened since then!
Economic Concerns
The number of cases of COVID-19 in the US has continued to grow, much of this due to more people being tested. Many state and local governments, as well as private industry, have encouraged the cancelation of events and gatherings, in order to try and help prevent the spread of the virus. Naturally, this will have an impact on the economy. When people are forced or compelled to stay home more, this usually leads to less spending, which leads to economic slowdown. Some are concerned that this could lead the US into a recession and that has caused a lot of volatility in the last two weeks.
Not a Time to Panic
It is important to remember that recessions are a normal part of the economic cycle. This week, the US stock market indices went into bear market territory. That is, they are down more than 20% from their peak. Bear markets are also part of the normal stock market cycle. I know we have said it many times before but it is worth repeating- investing is for the long term. Historically, stock markets have moved higher, bouncing back from bear market declines.
Market Timing Doesn’t Work
Every once in a while, we will have a client say, “why don’t we just get out of the market for now until things get better?” While it would be ideal to be able to move out before markets drop and get back in before they recover, it is not realistic. We have no way to time these things and history shows us time and again that trying to time the markets always fails. A 2019 DALBAR study shows from 1999-2018, the average investor in stock mutual funds averaged only 3.88% annually while the S&P index returned 5.62% over the same period of time. The majority of this difference is due to investors trying to move money in and out of the market rather than leaving it invested.
We also know that for the same period of time, if an investor missed only the ten best days in the market, his/her return would be reduced by more than half. Missing the best 30 days over that period of time would actually result in a negative return of over 32% cumulatively.
So our advice is to treat your investment portfolio like your face during the coronavirus outbreak and do not touch! ?
So What CAN we do?
Just because we shouldn’t sell out of stocks doesn’t mean we can’t do anything at all. Here are a few things to consider:
1. Stop taking monthly distributions if you can afford it.
When the prices are down, you have to sell more shares to meet your monthly withdrawal amount. If you can afford to suspend your monthly withdrawals from your investments for a few months while the markets are very volatile, let us know.
2. Consider refinancing your mortgage or other debt.
Interest rates are at all-time lows. Consider whether it makes sense to refinance your mortgage or other debts to lock in these low rates.
3. Consider rebalancing
When markets are volatile, it can put your portfolio out of balance. Talk with your advisor about whether or not it makes sense to rebalance your portfolio and possibly even take advantage of tax-loss harvesting.
4. Consider buying more shares
If you have been holding on to extra cash with concerns over the markets being overvalued, now might be a good time to consider buying more shares, depending on your objective.
5. Enjoy time with friends and family AWAY from the news and social media
While it is certainly an inconvenience to have so many plans canceled, it also presents a great opportunity to take a break from the busyness of life and spend quality time with those you love or do things that you just never seem to have the time to do.
Take the time to reconnect with old friends- on the phone/VP and catch up. Try and take a break from news and social media when you can. Clean out your storage room or closets. Read a good book or binge watch a new show on Netflix. The weather is getting nice in most parts of the country and it’s a great time to start planting your spring garden. Consider taking a “detox” from the news and social media for a little while.
Nothing New
While we are certainly in unprecedented times with this virus, being in unprecedented times is nothing new in and of itself. The world wars in the early 20th century were unprecedented times. The cold war era and oil crisis of the 1970s were unprecedented times. Pearl Harbor and September 11th were unprecedented, as were many other events throughout history. Our country is strong and resilient, and we are confident that we will come through these unprecedented times just as we have in the past.
As always, we are here for our clients during these changing times and will conti