Plan for the Long Run

December 5th, 2016 / Gift Planning

Consider experts’ advice on growing assets during market ups and downs

Reunions Program 2016

From left, Margaret Cannella ’73* of Columbia Business School; David Boles ’81 of J.P. Morgan; Suzanne Killea ’83 of Merrill Lynch’s Private Banking and Investment Group; and Steve K. Shueh ’97 of Roundview Capital

Princetonians with financial management expertise shared their insights on “Longevity Planning: Navigating Market Volatility Over a Lifetime” during the 2016 Office of Gift Planning Reunions Seminar. Here’s a snapshot:

  • Don’t invest for your lifetime; invest for your kids or grandkids—that way volatility works for you. Put money away methodically and don’t mind the headlines. Be disciplined and have a plan.—Stephen K. Shueh ’97, a founder of the investment firm Roundview Capital
  • Look at diversification over many classes (high yield, growth with yield). Just chasing yield is dangerous. Stay the course. Measure relative to your goal, not the market.—Suzanne W. Killea ’83, private wealth advisor with Merrill Lynch’s Private Banking and Investment Group
  • Ask “What is the downside?” and “How bad could things be?” When markets are up, people take more risks—that is wrong. Low interest rates effect every investor at every turn.—David Boles ’81, managing director with J.P. Morgan Private Bank

Want to know more? Check out the podcast of the seminar.

* We were saddened to learn of Margaret Canella's passing in November and send our sincere condolences to her family and many friends in the Princeton community.