3/5/25 Notes From Nagle

By Peter Nagle
 
The Market volatility continues! Markets are about 7% off their highs. Which is not a tremendous amount. But many popular stocks - think Magnificent 7 - are off a good deal more. 
 
Nvidia is down 24% from its high. Even Meta and Tesla (couldn’t happen to a nicer guy) are way off their highs. And I would say, absent a Market meltdown which I don’t think is happening, this volatility is a good thing. It creates buying opportunities and resets things. 
 
Many analysts attribute this ongoing volatility to the misguided tariff policies the current administration is promoting. When you do things that hurt your friends, you have to wonder what’s behind it. 
 
Nonetheless, most Analysts I listen to think we’re still solidly in a Bull Market and that this is temporary volatility. Time will tell. But for the equities in your portfolio, assuming they are part of your portfolio and not all of it, looking out to the long term, they should be ok. 
 
At the same time, not all of any portfolio should be in equities, unless you’re 25. There should be some fixed and guaranteed investments in there too. A balanced portfolio is always best, especially as we age. 
 
I provide financial advice to individuals in our Abiquiu community at no charge as a way of giving back. If you have questions in that area feel free to contact me. I’ll do the best I can to help you sort through the issues. 
 
Peter J Nagle
Thoughtful Income Advisory
Abiquiu, NM
505-423-5378 (mobile)
[email protected]