The GP&A Wealth Management Team
July 23, 2021
Taking Advantage of Investment Themes in Today's Markets (Part 2)
…that often these situations are just temporary. Coming just a month after the previously mentioned article was written, “Massive Corrective Free Fall: Lumber Wipes Out All its 2021 Gains After Record Boom”. Welcome news for anyone who had been planning to build a treehouse for their kids this summer, or update that tired deck after having to stare at it day after day for the past year and a half; not so welcome news for folks who purchased lumber futures or the shares of timber companies at their peaks in April and May. This quick reversal highlights the dangers of trying the time the markets , or take advantage of a “theme” based on recent events. Although there are sometimes opportunities to be taken advantage of under the right circumstances, examples like this highlight the benefit of having a properly constructed and diversified portfolio managed by an experienced advisor to protect the value of your assets.