0:01 Hello, this is Ryan McGuire, Senior Consultant at Oak Wealth Advisors with our September 2023 Market Recap. September was a rough month for stocks, bonds, and complementary strategies with all investments declining in value as interest rates continue to rise longer into the year that we had expected.

0:19 As you can see, U.S. Markets declined around 5-6%, and international markets declined around 2.5-3.5%. The declines experienced by the markets in September and for the third quarter are no reason to abandon long-term.

0:34 Diversified portfolios are in positive territory for the year, and current high yields make investing in bonds very attractive on a going forward basis.

0:44 Also, the declines in the prices of stocks that have occurred recently have stocks in stock. In short, the negative market volatility we experienced in September may continue to persist for a while, but the opportunities in the future are increasing as a result.

1:01 Remain patient in the long-term returns we are expecting are more likely to be realized than if we take emotional actions as a result of short-term market declines.

1:11 We appreciate your continued confidence in Oak Wealth Advisors and are always happy to hear from you with any questions you may have as we get closer to the end of the year.

1:19 Take care.