October Newsletter
October 2nd, 2019
Captain's Log


Happy October! Now if we can just bring on the actual fall-like weather, that would be nice. 

The Wealth Report this month focuses on how natural disasters can affect financial markets. With severe storms and weather causing massive amounts of damage in recent years, the impact this may have on markets and economies has become a concern for many. Overall, if you have a well-rounded financial plan, then extreme weather events should not do much to throw off your budget and day-to-day spending. However, if you're relying too heavily on investments and aren't properly diversified across product classes and industries, then you could get into a sticky situation if you're forced to liquidate during the periods of time surrounding a natural disaster. 

The concept of being well diversified and having a proper retirement income plan doesn't just come into play when we're talking about natural disasters. Market volatility has become the new norm and it's important to be sure that you're set up to succeed in retirement regardless of what may be causing hiccups in the market at any given time. Are you confident that your retirement plan can weather any "storms" that may come your way? 

If  there is anything we can assist you with, then just let us know.  And, as always, remember -  The purpose of the money dictates where you put it.  

Until Next Month,
Jim's signature
  James D. Stillman

Featured this month
JDS Quick Links


The Wealth Report:

Don't Let Natural Disasters
Sink Your Savings

As extreme weather events become more prevalent with each passing year, it's worth examining the damage they can bring. In addition to the devastating effects storms have on an area's people and property, they can also take a toll on your investments.

The National Oceanic and Atmospheric Administration said six major weather events have surpassed the $1 billion mark in losses so far this year, and that was before the most recent threat, Hurricane Dorian, hit the East Coast. The total from last year's US disasters exceeded $14 billion. 

While it's easy to assume natural disasters have always been around, note in the accompanying bar chart that half of the top 10 most costly disasters in the past four decades happened since 2012 - and are occurring more frequently with each passing year. 
All content is intended for informational purposes only. Any guarantees are for insured products only and are dependent on the claims paying abilities of the insurer.  All investments carry some risk and you should be advised by your personal financial advisor before implementing any strategies discussed, as they are not suitable for everyone. James D. Stillman is an Investment Advisor Representative of JDS Wealth Management Corporation and AE Wealth Management. 

JDS Wealth Management Corporation's outgoing and incoming e-mails are electronically archived and subject to review and/or disclosure to someone other than the recipient. We cannot accept requests for securities transactions or other similar instructions through e-mail. We cannot ensure the security of information e-mailed over the Internet, so you should be careful when transmitting confidential information such as account numbers and security holdings. If the reader of this message is not the intended recipient, or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by replying to this message and deleting it from your computer."