LFA Newsletter | May 2023

This year marks the 43rd anniversary that Lifetime Financial Advisors (LFA) continues to provide investment management and financial planning advice to our clients. We are honored to serve in some cases third and fourth generations of clients. “Lifetime” in our company’s name is what we stand for - a lifetime of relationships, guidance, and support.

Over the past four decades, we have served thousands of clients through many challenging markets and economic environments. We know how important it is to look past short-term noise and stay focused on what matters most to protect and grow investments.

Spring is often thought of as an uplifting time, marked by new growth and renewed hope as we emerge from the long months of winter and look ahead to the rest of year. Investors saw promising signs of such renewed hope in recent weeks, especially on the inflation front as several inflation measures showed signs of improvement. However, a flurry of recent activity concerning regional banks and economic reports is testing investor sentiment and has introduced more volatility.

At LFA, we are focused on positioning client portfolios to protect and grow their investments prudently over the long term. In line with research and focus on broad diversification and long-term strategic asset allocation, we recently increased bond duration across several portfolios to take advantage of new opportunities in the bond market. We also made a change across many portfolios to increase international equity exposure, based on long-term growth expectations and attractive valuations. Where appropriate, we added new equity-linked structured notes to specific client portfolios that offer attractive income aligned with their unique goals and objectives.

Investor patience often gets tested in the near-term based on recent events. Staying focused on your goals, and how your portfolio relates to them, is now as important as ever. With both history and experience as our guide, we know how patience and perseverance have rewarded investors over time and how human ingenuity pushes economies forward in pursuit of a brighter future.

As always, please reach out to your LFA financial advisor with any questions or concerns.