Stocks finished the year up 32% in 2019, the best annual performance in half a decade, led by technology which returned 50% in 2019, more than double the sector’s five-year average1. Lower returns and more volatility are expected this year. So, if 2019 came and went without you refitting your portfolio to your risk tolerance, it may be time to make sure your allocation to equities reflects your comfort with the risks of a loss, or to make sure that you are not overinvested in any one sector or asset class. In a globally integrated world geopolitical risks tied to investing are impossible to avoid. S&P 500 firms make 38.3% of revenues overseas while small firms composing the Russell 1000 firms make 37.1% of revenues off US soil2. The greater risk for long-term investors, however, is to get off course from your overall investment strategy and letting short-lived events derail long-term results. To stay the course through the uncertainties of 2020 and beyond, work with us to develop a disciplined approach to investing that helps you achieve your long-term financial goals.