42 INSIDE COLUMBIA OCTOBER 2018

Travis CookFinancial Advisor

200 E. Southampton Dr., Suite 102 | Columbia, MO | 573.818.2264 | convergence-financial.com

Investing. Planning. Service.

This isn’t yourparents’ portfolioThere are few certainties in life and in the financial markets. In life, we are certain of death and taxes. In the financial markets, we are certain that the stock market will go up and down and that bond prices will decrease in value when interest rates go up. More than 37 years ago, the 10-year treasury rate peaked at 15.84 percent. It then bottomed in 2016 at 1.37 More than 37 years ago, the 10-year treasury rate peaked at 15.84 percent. It then bottomed in 2016 at 1.37 percent. Today, as we sit around 2.9 percent, this long-term trend has reversed and rates have begun moving higher from their 2016 lows. What this means, if this trend persists, is that we’ve moved from an environment that is supportive for bond prices to one that would be a headwind for bond prices. So, what does this information mean for your portfolio?

P R O M O T I O N

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Investing involves risks including possible loss of principal. Securities offered through LPL Financial, member FINRA/SIPC. Investment advice offered through Good Life Advisors, LLC, a registered investment advisor. Convergence Financial and Good Life Advisors, LLC are separate entities from LPL Financial.