Do you remember a time in your life where you felt the exhilaration of freedom? Maybe it was when you bought your first car, or received your diploma, or took your first vacation in a long time. Think about that feeling. We think you can achieve that same feeling with your financial freedom. HerPath is dedicated to providing a track for women to financial freedom. Freedom comes from gaining clarity on your financial health as well as pursuing options for how to meet your goals. We want to help you have a clear understanding of what your goals are and how to reach them. You can pursue financial education because it provides a reason to be confident in the decisions you make with your money, whether saving, investing, or spending. With knowledge of your finances comes power. Many times, we don’t like something or think it’s tedious simply because we don’t understand it. We believe by taking the time to build your education surrounding finance, you provide yourself a path to financial freedom and an opportunity to enjoy it and its great benefits, which can last for generations.

While many anticipated the 2^nd quarter might mark peak growth rates in the U.S., the still nagging delta variant of Covid-19 and supply-chain ripples may have delayed that peak.  In the meantime markets continue to drift higher as investors celebrate the strength of earnings season with the vast majority of companies outpacing expectations in revenue and earnings. This and more in our July Market Update. 

For those lucky investors who have a crystal ball, investing is easy. For the rest of us, we must consider a matrix of potential economic outcomes. In order to chart the best course for your portfolio we evaluate the probability of returns for each asset type and weigh each return forecast by scenario. We consider appropriate diversification for situations where our base case scenario is not the one that comes to fruition. Perhaps the proverbial crystal ball will become a reality with leaps in quantum computing technology. Until then our best bet is to utilize a thoughtful, process-driven approach using quantitative and qualitative inputs and a framework for comparing outcomes across an array of probability weighted scenarios. We call that tool our Stress Test Scenario Analysis Tool. It helps us broaden our thought process beyond just what is expected to include what could possibly go wrong.