Helping you achieve your personal vision based upon your individual needs, goals and risk tolerance..

Every Time the Dow Falls, It Has Risen Again

At any given time, global events — and the deluge of headlines about them — can contribute to significant shifts in the markets. However, history has shown us time and time again that whenever the markets experience even significant declines, they have always recovered and gone on to reach new highs. We cannot predict how long it will take for the stock market to recover, but historically, it always has.

One common denominator among all market crashes is investor panic. The markets are quite resilient; however, when events such as global crises, economic downturns and speculative bubbles happen, it can cause widespread panic among investors, who begin to sell their stocks en masse, leading to sudden and significant market downturns.

A stock market crash occurs when a broad market index, such as the S&P 500 or the Dow Jones Industrial Average (DJIA), undergoes a sudden and severe drop — typically 10 percent or more over a few days. Unlike regular market corrections, crashes are marked by their speed and intensity. In contrast, a recession is a significant, persistent, and widespread contraction in economic activity. Since the Great Depression, the United States has suffered 14 official recessions.

Following a financial crisis, the US economy typically recovers through a combination of monetary policy (actions by the Federal Reserve to manage interest rates and the money supply) and fiscal policy (government spending and tax adjustments) aimed at boosting demand and stimulating growth.

To show you how the markets have recovered, even following significant crashes, I’ve put together examples of 10 notable crashes, market events, and recoveries in U.S. history since 1980.

There are several indexes we could track, but here, I note the rises and declines in the DJIA, which is considered a gauge of the broader U.S. economy. The DJIA is a stock market index that tracks 30 large, publicly owned blue-chip companies that trade on the New York Stock Exchange (NYSE) and Nasdaq. This index is named after Charles Dow, who created it in 1896 with his business partner, Edward Jones.

As you read about these ups, downs and rebounds, I hope you will realize how critical it is to focus on your long-term vision and ignore the foreboding headlines and the inevitable market fluctuations.

The 1981–82 recession

(The Dow fell from 1,024 to 776 and rebounded to 875.)

The United States entered a recession in January 1980, caused primarily by a disinflationary monetary policy adopted by the federal reserve and cuts in domestic spending made by Ronald Reagan. This recession is actually considered to be two separate recessions. The “1980 recession” lasted throughout the first six months of the year, and “the early 1980s” recession lasted from July 1981 to November 1982.

From February to April 1980, the DJIA fell 16 percent. As a result, the Federal Reserve cut the Fed Funds rate to 8.5 percent. This adjustment caused the Dow to rise, and the Fed brought rates up to combat inflation. That caused the Dow to fall 22 percent. This is considered to be the worst recession since the Great Depression, except for the 2008 recession.

The Dow fell from a peak of around 1,024 in April 1981 to a low of around 777 in August 1982, representing a decline of more than 22 percent.

But then the US economy rebounded through a combination of policy changes, including deregulation, tax cuts and a reduction in government spending. Also contributing to the recovery was a shift toward a focus on controlling inflation, which eventually led to sustained economic growth.

The DJIA closed out 1980 at 963.99 and 1981 at 875.00.

The stock market crash of 1987

(The Dow fell from 2,247 to 1,739 and rebounded to 1,938.)

The first contemporary global financial crisis began on October 19, 1987, a day known as “Black Monday,” when the DJIA dropped 22.6 percent in a single trading session. The Dow fell from 2,246.74 to 1,738.74, a loss of 507.99 points, the largest one-day stock market decline in history.

The markets had done well in the first half of 1987. In fact, the DJIA had gained 44 percent in just seven months, by late August. In mid-October, a series of negative news reports undermined investor confidence and led to additional volatility in markets. Plus, the federal government disclosed a larger-than-expected trade deficit, and the dollar fell in value. The markets began to unravel, foreshadowing the record losses that would develop a week later.

To address the crisis, then-Fed Chairman Alan Greenspan encouraged banks to continue to lend on their usual terms. He also affirmed, in October 1987, the Federal Reserve’s “readiness to serve as a source of liquidity to support the economic and financial system.”

As a result, stock markets quickly recovered a majority of their Black Monday losses. In just two trading sessions, the DJIA gained back 288 points, or 57 percent, of the total Black Monday downturn. Less than two years later, US stock markets surpassed their pre-crash highs. The DJIA closed out 1987 at 1,938.83 points.

As central banks cut interest rates, financial markets in the United States and Europe fully recovered. In fact, five years later, markets were rising by about 15 percent a year.

The Asian financial crisis of 1997

(The Dow fell from 7,715 to 7,161 and then rose to 7,908.)

In the fourth quarter of 1997, currency devaluations and economic instability in Asia impacted global financial markets. On October 27 and 28, 1997, the nation’s securities markets fell by a record absolute amount on then-record trading volume.

On Monday, October 27, the DJIA declined 554.26 points, from 7,715.41 to close at 7,161.15 — a loss of 7.18 percent. And then on Tuesday, October 28, market prices initially resumed their decline before rallying sharply. The DJIA closed up 337.17 points at 7498.32, an increase of 4.71 percent. The DJIA closed out 1997 at 7,908.30.

The dot-com bubble on March 11, 2000

(The Dow fell from 11,723 to 7,286 and rebounded to 10,022.)

The “dot-com bubble,” also known as the “internet bubble,” occurred from 1995 to 2001. That bubble burst in 2000 due to a combination of factors, including overvaluation of tech companies, an abundance of venture capital, a media frenzy and ultimately, a shift in investor sentiment as the reality of many companies’ lack of profitability became apparent.

As the World Wide Web became available to the general public, investors rapidly made significant equity investments in internet-based companies (dot-coms). That led to inflated market valuations and a subsequent market crash. This event was characterized by a rapid rise and subsequent fall in technology stock prices.

The Dow fell from 11,722.98 on Jan. 14, 2000, to 7,286.27 on Oct. 9, 2002, a loss of

37.8 percent. However, the DJIA closed out 2001 at 10,021.57.

Market declines after the 9/11 attacks in 2001

(The Dow fell from 9,606 to 8,921 and rebounded to 10,022.)

Also wreaking havoc on the markets in 2011 were the terrorist attacks on Sept. 11, 2001. The unprecedented terrorist attacks on American soil increased market volatility and investor anxiety and led to a sharp plunge in the stock market. The total loss in market value was $1.4 trillion. Following the attacks, the New York Stock Exchange and the Nasdaq remained closed until Sept. 17, the longest shutdown since the Great Depression.

On the first day of NYSE trading after Sept. 11, the DJIA fell 684 points, a 7.1 percent decline. At that time, it was a record for the biggest loss in the exchange’s history for a single trading day. (This record has since been eclipsed by the market reaction during the global coronavirus pandemic). The close of trading that Friday ended a week that saw the biggest losses in NYSE history.

The DJIA closed down around 684.81 points, from 9,605.51 to 8,920.70 — the biggest one-day point loss ever at the time. However, again, the DJIA closed out 2001 at 10,021.57.

The stock market crash of 2008–09

(The Dow fell from 11,143 to 6,470 and rebounded to 10,428.)

The 2008 financial crisis resulted from a convergence of multiple factors, including a glut of subprime mortgages a housing bubble, risky mortgage lending, complex financial products and inadequate regulation. The collapse of Lehman Brothers and the ensuing global financial crisis led to severe market downturns worldwide.

Between 2007 and 2009, U.S. households lost more than $16 trillion in net worth. Also, the value of the stock market fell by half, unemployment reached 10 percent and the crisis turned into the Great Recession. On September 29, 2008, the DJIA had a record- breaking drop of 777.68, from 11,143.13 down to 10,365.45 at closing. And then the DJIA hit a market low of 6,469.95 on March 6, 2009, losing more than 54 percent of its value since a high on October 9, 2007.

The bear market corrected on March 9, 2009, when the DJIA rebounded more than 20 percent from its low to 7,924.56 after only three weeks of gains. The Dow closed out 2009 at 10.428.05.

The Eurozone debt crisis of 2010

(The Dow fell from 10,444 to 10,068 and rebounded to 11,578.)

Triggered by high levels of public debt, this period of economic uncertainty in the Eurozone began in 2008 with the collapse of Iceland’s banking system. It then spread to Portugal, Italy, Ireland, Greece and Spain in 2009. Several of these countries, including Greece, Portugal, and Ireland had their sovereign debt downgraded to junk status by international credit rating agencies during this crisis, worsening investor fears. The crisis led to a loss of confidence in European businesses and economies.

On May 20, 2010, the DJIA fell 376.36 points, from 10,444.37 to 10,068.01 its biggest point drop since February 2009.

The crisis was eventually controlled by the financial guarantees of European countries, who feared the collapse of the euro and financial contagion, and by the International Monetary Fund (IMF). The DJIA closed out 2010 at 11,577.51.

The COVID-19 stock market crash in 2020

(The Dow fell from 27,554 to 20,188 and rebounded to 30,606.)

The 2020 stock market crash caused by the coronavirus began on February 20, 2020, and ended on April 7. The COVID-19 pandemic led to global economic shutdowns and investor panic. During this time, the stock market experienced the three worst point drops in U.S. history.

On Monday, March 9, 2020, the Dow fell 2,014 points, a 7.79 percent drop. On March 12, 2020, the Dow set another record by falling 2,352 points to close at 21,200. It was a

9.99 percent decline and the sixth-worst percentage drop in history. Finally, on March 16, the Dow plummeted nearly 3,000 points to close at 20,188, losing 12.9 percent. The drop in stock prices was so significant that the New York Stock Exchange suspended trading several times during those days.

The DJIA recovered, closing out 2020 at 30,606.48 points.

Record inflation in 2022

(The Dow fell from 32,911 to 32,273 and rebounded to 33,147.)

In May 2022, gasoline prices hit a record high, and the cost of food soared, leading to the largest annual increase in nearly 40½ years. There were growing concerns about a potential recession. The DJIA fell 638.11 points to end at 32,272.79 points.

By the end of 2022, the DJIA had rebounded to 33,147.25 points.

The banking crisis of 2023

(The Dow fell from 31,910 to 31,819 and rebounded to 37,690.)

Early in March 2023, a banking crisis took place after a rapid rise in interest rates caused the value of Silicon Valley Bank’s (SVB’s) bonds to plummet, as well as a “run” on the bank as depositors, fearing instability, withdrew their funds. In just a few days, SVB collapsed, along with Signature Bank and First Republic. They were among the biggest banks to fail in U.S. history.

The SVB downfall triggered the largest single-day bank run in U.S. history and led to aggressive action by the Federal Reserve, FDIC, Treasury Department and others to

prevent spillovers to the rest of the U.S. banking system. As a result of this crisis, the DJIA fell 90.50 points, from 31,909.64 to 31,819.14, a 0.3 percent loss.

The Dow closed out 2023 at 37,689.54 points.

As you can see, despite persistent negative media narratives that forecast economic downturns and market crashes, the Dow Jones Industrial Average has demonstrated remarkable resilience and growth over the past decades. At the end of March 2025, as usual, the headlines are full of negative news. However, on March 28th, 2025. the Dow was at 41,583.90.

As always, we encourage you to keep your eyes on your long-term vision at all times and avoid bailing out of the market out of fear. While there is no guarantee of investment success, historically, investors who have stayed the course and held onto their stock holdings when the market crashes have been rewarded later. Remember, investing successfully requires a long-term approach.

Any opinions are those of Randy Carver and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.

Investing involves risk and you may incur a profit or a loss regardless of strategy selected. No investment strategy can guarantee your objectives will be met. Every investor’s situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment decision.

The stock indexes mentioned are unmanaged and cannot be invested into directly. Past performance is no guarantee of future results.

Looking Ahead: Why Market Volatility Can Be a Positive for Investors

The news continues to give alarming headlines warning about sharp market declines. It’s natural to feel uneasy about these swings, but what if volatility could actually benefit your portfolio and planning? The reality is, for those who take a long-term approach, volatility can create powerful opportunities.

At Carver Financial Services, we take a proactive and customized approach to managing wealth that can take advantage of short-term volatility.  We remain optimistic about the future of the markets and the broader economy. While short-term volatility may increase, we see this not as a threat but as an advantage for disciplined investors. Here’s why.

  1. Buying Strong Investments at Lower Prices

Market swings can drive fear-based selling, pushing even high-quality investments to lower prices. This creates a chance for patient investors to buy strong assets at a discount. For instance, during the COVID-19 downturn in early 2020, the S&P 500 dropped over 30% in just a few weeks. However, by the end of that year, the market had rebounded by more than 70%, rewarding investors who stayed the course or added to their positions.

Similarly, during the 2008 financial crisis, the S&P 500 lost over 50% of its value at its lowest point. Those who remained invested saw the market recover and eventually surpass pre-crisis highs within a few years.

  1. Portfolio Rebalancing for Long-Term Gains

Volatility can shift the balance of your investments. For example, if stock prices drop, your portfolio might become underweight in equities. Rebalancing during these periods—buying more stocks at lower prices—has been shown to enhance long-term returns.

Research from Vanguard has found that disciplined rebalancing during volatile periods can increase portfolio returns by up to 0.5% annually over time. By capitalizing on temporary price dips, you position yourself to benefit from future market recoveries.

  1. Tax-Loss Harvesting for Greater Efficiency

Periods of volatility offer opportunities to reduce taxable income through a strategy called tax-loss harvesting. By selling investments that have temporarily declined, investors can realize losses to offset other gains. These savings, especially for high-income investors, can significantly boost after-tax returns.

A study by Vanguard reported that tax-loss harvesting can add up to 1% in annualized after-tax returns for high-net-worth investors. Over the years, this can translate into substantial wealth accumulation.

  1. Reducing Risk from Over-Concentrated Positions

If you have a large portion of your portfolio tied up in a single investment, volatility may provide an opportunity to diversify. Selling during temporary price spikes can help reduce your risk without compromising your financial goals. This can protect your portfolio from the outsized impact of a single investment underperforming over time.

  1. Tax Planning Opportunities

For those with complex financial needs, market fluctuations present various tax management strategies:

  • Estate Planning and Gifting: Lower asset values during downturns allow for more tax-efficient wealth transfers to heirs.
  • Roth IRA Conversions: Converting traditional IRA assets to a Roth IRA during a market dip reduces taxes on the conversion. Once markets recover, these gains accumulate tax-free.
  • Capital Gains Management: Investors can manage gains during volatile times to benefit from lower tax rates or to strategically rebalance without incurring large tax consequences.

The Cost of Market Timing

Trying to time the market—moving in and out based on short-term movements—often leads to poor results. According to J.P. Morgan Asset Management, missing just the 10 best days of market performance over a 20-year period can reduce an investor’s total return by more than 50%. For example, if you had invested $10,000 in the S&P 500 from 2003 to 2023, you would have over $64,000 by staying fully invested. Missing only the 10 best days would have cut your total to just $29,708—a costly mistake.

Historical data also shows that many of the market’s best days occur soon after its worst days. By reacting emotionally and exiting the market during downturns, investors risk missing these critical recovery periods.

The Power of Long-Term Thinking

Short-term volatility can be unsettling, but history teaches us that the U.S. stock market tends to rise over time. Despite events such as the dot-com crash, the financial crisis, and the COVID-19 downturn, the S&P 500 has delivered an average annual return of about 10% over the past century.

It’s key to remember that you are not investing for the next few months but for the rest of your life.  The biggest risk is often inflation, not market volatility.  Investors who maintain a long-term perspective, remain invested, and follow a disciplined strategy are better positioned to achieve their financial goals.

Looking Ahead with Confidence

Despite near-term challenges like monetary policy shifts, geopolitical events, and fluctuating economic data, the long-term economic outlook remains strong. Innovation, corporate growth, and moderating inflation are all positive indicators for the future. We believe that volatility is not a risk to fear but a tool to leverage with the right strategy.

At Carver Financial Services, we emphasize staying invested and focused on your goals. With disciplined strategies like rebalancing, tax-efficient investing, and tailored portfolio management, we help clients turn market fluctuations into opportunities for success.

Key Takeaways

  • Volatility creates opportunities to buy high-quality investments at lower prices, rebalance portfolios, and implement tax-efficient strategies.
  • Tax-loss harvesting can increase annual after-tax returns by up to 1.0% (Vanguard).
  • Missing just the 10 best days of market performance over a 20-year period can reduce returns by more than 50% (J.P. Morgan).

In today’s fast-paced world, it’s natural to feel concerned amidst the constant media hype. At Carver Financial Services, we are committed to guiding you through these market conditions, tailoring strategies to meet your unique goals and needs. Our personalized approach to planning is designed to empower you, providing clarity and confidence in every step of your financial journey.

Whether you have questions, concerns, or are ready to discuss your aspirations, I invite you to reach out to me directly or connect with our team. There is no cost or obligation to meet—just an opportunity to align your financial plan with your vision for the future.

As we look ahead, market volatility and media noise are inevitable. The true opportunity lies in how you respond. Together, we can turn uncertainty into a pathway for growth and success.

Any opinions are those of Randy Carver and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.

The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary.

Tax-loss harvesting involves certain risks, including, among others, the risk that the new investment could have higher costs than the original investment and could introduce portfolio tracking error into your accounts. There may also be unintended tax implications. Prospective investors should consult with their tax or legal advisor prior to engaging in any tax-loss harvesting strategy.

Unless certain criteria are met, Roth IRA owners must be 59½ or older and have held the IRA for five years before tax- free withdrawals are permitted. Additionally, each converted amount may be subject to its own five-year holding period. Converting a traditional IRA into a Roth IRA has tax implications. Investors should consult a tax advisor before deciding to do a conversion.

Changes in tax laws may occur at any time and could have a substantial impact upon each person’s situation. While we are familiar with the tax provisions of the issues presented herein, as Financial Advisors of RJFS, we are not qualified to render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional.

Facts Not Fear – Perspective on the Markets & Economy

The media often paints an overly negative picture, stirring unease and influencing market sentiment. Recent market fluctuations are a case in point. Yet, beneath the headlines lies a powerful truth: the U.S. economy remains robust and resilient as we progress through 2025. The data—and even a casual glance at daily life—tells a story of strength and opportunity.

Restaurants are bustling, shopping centers are lively, and everyday activity reflects a thriving economy. Tune out the news or social media for a moment, and you’ll likely see it for yourself: things are going well. Our role is to help you cut through the noise, stay grounded in the facts, and pursue long-term financial success.

Key Highlights of the U.S. Economy in 2025

Strong Job Growth: The U.S. labor market continues to shine. The national unemployment rate dropped to 3.9% in February 2025, down from 4.1% in December 2024, according to the Bureau of Labor Statistics. February alone saw 151,000 new jobs added—exceeding forecasts and showcasing robust hiring across industries.

Inflation Cooling Off: Inflation continues its downward trend, easing pressures on consumers and businesses alike. The Consumer Price Index (CPI) rose by just 2.8% year-over-year in February 2025— the lowest since 2021—while core inflation (excluding food and energy) slowed to 3.1% (U.S. Bureau of Labor Statistics). This stability fosters a healthier cost environment.

Steady GDP Growth: The economy grew at an annualized rate of 2.3% in Q4 2024, fueled by vigorous consumer spending and business investment (Bureau of Economic Analysis). This momentum signals resilience amid global uncertainties.

Housing Market Stabilization: Home sales are rebounding, with existing home sales up 4.2% in February— the third straight month of gains (National Association of Realtors). Slightly lower mortgage rates have improved affordability, spurring buyer confidence.

Manufacturing and Business Expansion: U.S. manufacturing output rose 0.8% in February, buoyed by stronger demand and smoother supply chains (Federal Reserve). Meanwhile, small business optimism remains strong with the NFIB Small Business Optimism Index at 100.5 in February — that this is the fourth consecutive month above the 51-year average of 98 and is 4.4 points below its most recent peak of 105.1 in December

Tech Sector Boom: Analysts expect 2025 to be the biggest year for venture investing since the heady days of 2022, thanks to an overall optimistic view of the global economy. (Forbes.com 1/24/25)

These indicators paint a picture of a solid economic foundation with room for growth, investment, and prosperity as 2025 unfolds.

Many clients have expressed concerns about the potential impact of tariffs. Here’s my take: tariffs aren’t inherently negative. They’ve been a cornerstone of U.S. economic policy for over 50 years and will likely remain so. More often than not, they serve as a strategic tool rather than a fixed policy.

Historically, tariffs—or even the credible threat of them—have driven fairer trade deals. In the 1980s, tariffs on Japanese electronics paved the way for agreements that bolstered U.S. manufacturing. More recently, tariffs have pressured China to address trade imbalances and intellectual property issues.

Today’s proposals follow this playbook: they’re leverage, not an endgame.

Beyond negotiations, tariffs offer real benefits:

  • Protecting Domestic Industries: They shield American businesses from unfair foreign competition.
  • Boosting Jobs: By incentivizing production at home, tariffs spur hiring and investment in U.S. manufacturing.
  • Revenue Generation: Tariff proceeds fund critical areas like infrastructure, education, and workforce development.

Critics point to potential price hikes, but this overlooks the bigger picture. Tariffs can stabilize prices over time by fostering local production and insulating us from global supply shocks, a lesson learned during COVID-19. They’re not a silver bullet, but when used thoughtfully, tariffs strengthen trade fairness, national security, and economic independence.

It’s no wonder people are concerned given the negative media and polarized politics. However, 2025 isn’t a time to shrink back—it’s a time to lean in. Volatility will come; it always does. But for those who focus on the facts and the long game, this is a moment of opportunity. While there are certainly challenges facing the economy, we’re seeing growth, innovation, and a renewed sense of what’s possible. America isn’t just weathering the storm—it’s charting the course. Don’t let the media create unnecessary fear or worse, cause you to deviate from your financial plan.

Our entire team is here to help you make sense of it all. Together, we can turn uncertainty into action and build something lasting. Our entire team is here to help you seize these moments, answer your questions, and address any concerns.

Any opinions are those of the author and not necessarily those of Raymond James. This material is being provided for informational purposes only and is not a complete description, nor is it a recommendation. There is no guarantee that these statements, opinions or forecasts provided will prove to be correct. Investing involves risk and you may incur a profit or a loss regardless of strategy selected.

No investment strategy can guarantee your objectives will be met. Past performance is no guarantee of future results. Every investor’s situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment decision.

How to Live a Limitless Life: Master Your Mind and Defy the Odds

How to Live a Limitless Life: Master Your Mind and Defy the Odds

What if the only thing holding you back was your own mindset?

Most of us don’t realize that our biggest limitations aren’t external—they’re internal. The doubts, fears, and beliefs we carry shape our reality far more than circumstances do.  We all have them. The good news? You have the power to break free and live a limitless life.

A limitless life isn’t about having no challenges; it’s about overcoming them. It’s about mastering your mind, pushing past perceived limits, and taking action toward your biggest goals. Here’s how you can do it.

  1. Rewire Your Mindset: Your Thoughts Shape Your Reality

Your brain is constantly reinforcing the beliefs you hold. If you tell yourself, I’m not good enough, I don’t have the resources, or I’ll fail anyway, you’ll find evidence to support those thoughts. But if you shift to I can learn, I will find a way, and Every failure is a step toward success, you’ll begin to create opportunities instead of obstacles.

How to shift your mindset today:
– Start catching negative self-talk and replacing it with empowering beliefs.
–  Surround yourself with people who push you to think bigger.
–  Visualize success—not just the end result, but the small steps you’ll take to get there.

  1. Turn Setbacks into Stepping Stones

Failure is not the opposite of success—it’s part of it. Every challenge, rejection, or mistake holds a lesson that can propel you forward if you choose to learn from it.

Instead of asking, Why did this happen to me?, ask What can I learn from this? Resilient people don’t avoid adversity; they use it to grow stronger.

How to become more resilient:
– Reframe problems as opportunities for growth.
– Take ownership of challenges rather than blaming external factors.
– Build a habit of pushing forward, even when things get tough.

  1. Take Action—Even When It’s Uncomfortable

Most people wait for the “right time” to act. The truth? The perfect moment never comes. The most successful people don’t wait until they feel ready—they take action and figure it out along the way.

Every major accomplishment starts with one small step. You don’t have to know every detail of how you’ll reach your goal—just begin.

How to start taking action today:
– Break big goals into smaller, manageable steps.
– Commit to progress over perfection—imperfect action beats inaction every time.
– Set a deadline for your first step (and tell someone to hold you accountable).

  1. Cultivate an Optimistic Perspective

Studies have shown that optimism is linked to lower stress, better health, and even a longer life. People who believe things will work out are more likely to take risks, push through challenges, and ultimately achieve success.

Optimism isn’t about ignoring reality—it’s about choosing to focus on possibilities rather than problems.

How to develop an optimistic mindset:
– Practice gratitude—write down three things you’re grateful for each day.
– Seek solutions instead of dwelling on what’s wrong.
– Surround yourself with positive, action-oriented people.

  1. Make Growth a Lifelong Habit

A limitless life is a learning life. The most successful people are constantly seeking new knowledge, new skills, and new experiences. They don’t get stuck in what they already know—they expand beyond it.

Whether it’s reading books, seeking mentors, or stepping outside of your comfort zone, commit to continuous learning.

How to develop a growth habit:
– Read for at least 10 minutes a day on a topic that challenges you.
– Try something new that scares you—public speaking, a new hobby, or a new skill.
– Surround yourself with people who encourage growth.

  1. Give More, Live More

Living a limitless life isn’t just about personal success—it’s about making an impact. The more you contribute to others, the richer and more meaningful your life becomes. Giving back creates a sense of purpose and deepens your relationships.

Ways to give more and live more:
– Mentor someone who could benefit from your experience.
– Find ways to contribute to your community or a cause you believe in.
– Focus on relationships—true wealth is built in connections, not just achievements.

Are You Ready to Break Your Limits?

You don’t need permission to start living without limits. The power to change your life is already in your hands. It starts with a shift in mindset, a willingness to take action, and a commitment to never stop growing.

If you’re ready to break free from limitations and create a life filled with purpose and achievement, take the first step today.

You are capable of more than you think.

Now go make it happen.

Randy Carver, is the Author of 5 books including his latest Book – Limitless: Master your mind, defy the odds and achieve the impossible which is available on Amazon.

Any opinions are those of Randy Carver and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.

A New Year’s Reflection: Three Keys to Happiness

As we begin 2025, many of us reflect on the lives we’ve built and the changes we hope to make. We make resolutions, set goals and envision a future that feels brighter, more meaningful, and, ultimately, happier. But what does it mean to be truly happy? What is the secret to living a life filled with joy, contentment and purpose?

After years of studying people, their stories, and their successes, I’ve come to believe that happiness is not as elusive as we sometimes make it out to be. It doesn’t require fame, wealth or perfection. Instead, happiness comes down to three simple but profound elements. As with many things in life, these are simple, but not necessarily easy, to acquire. 1.

1. Something to do

We are, at our core, creatures of purpose. Having something meaningful to do each day gives us direction and a reason to get out of bed in the morning. Whether it’s the work we do, the passions we pursue or the ways we serve others, doing something that matters fills our lives with energy and intention.

As you step into this new year, ask yourself these questions: “What makes my soul come alive? What gives me a sense of accomplishment or joy?” If you’re unsure, start small. Try something new to discover what your true passion is. Volunteer, pick up a new hobby or dive deeper into the work you already do. You’ll find that the act of doing — of creating, contributing and engaging — can transform even the simplest days into fulfilling ones.

2. Someone to love

Love is the heartbeat of happiness. The connections we share with others give life its richest meaning. Whether it’s the love of a partner, a child, a friend or even the bond we share with a community, relationships ground us, nurture us and remind us of who we are.

Take time this year to invest in the people who matter most. Be present in your relationships. Express gratitude, share laughter and hold space for deeper conversations. And remember, love isn’t just about receiving; it’s about giving — offering kindness, compassion and understanding to others, even when it’s hard.

3. Something to look forward to

Anticipation is a powerful thing. Knowing that something good is on the horizon — whether it’s a trip, a celebration or simply a quiet weekend to recharge — gives us hope and keeps us moving forward. Having something to look forward to fuels our spirits and reminds us that the best is yet to come.

This year, be intentional about creating moments to look forward to. It doesn’t have to be extravagant. Plan a coffee date with a friend, set a goal to achieve or mark your calendar for a day to do something you’ve always wanted to try. These small glimpses of future joy can bring light to even the darkest days.

A simple, powerful formula

Something to do. Someone to love. Something to look forward to. These three things might sound simple, but their impact is profound. When we anchor our lives around these principles, we create a foundation for lasting happiness — one that isn’t swayed by the ups and downs of life.

At Carver Financial, our mission is to make your life better. We are here to simplify your life and help you lead your best life. Whether it’s guiding you toward financial freedom, supporting your dreams or providing clarity in complex times, everything we do is centered around helping you achieve happiness and peace of mind.

As we embark on this new year, I challenge you to reflect on these three keys to happiness. Where do you feel fulfilled? Where do you see room to grow? And most importantly, what small steps can you take today to build a life that’s rich in purpose, love and anticipation? Think about how we can help you.

Remember, happiness isn’t a destination; it’s a journey. Let’s walk that path together, one intentional step at a time. Here’s to a year filled with doing what you love, loving who you’re with and looking forward to what’s to come. Happy New Year!

You can reach Randy directly at randy.carver@raymondjames.com and in the office at (440) 974-0808.

________

Randy Carver, CRPC®, CDFA®, is the president and founder of Carver Financial Services, and is also a registered principal with Raymond James Financial Services, Inc.  Carver Financial Services was established in 1990 with the vision of making people’s lives better — clients, team and community. With this mission, Carver Financial Services has grown to be one of the largest independent financial services offices in the country, managing $3 billion in assets for clients globally, as of November, 2024.

Any opinions are those of Randy Carver and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.

 

The Best Time to Be Alive: New Year, Old Mistakes

As we stand at the threshold of a new year, it’s important to pause and reflect on the era we are living in. By almost every measurable standard, this is the best time to be alive in human history. Advances in health, technology and wealth have created unprecedented opportunities for individuals to live longer, healthier and more prosperous lives.

Yet, despite these advantages, many of the same old mistakes in financial and personal decision making persist, often driven by the age-old emotions of fear and greed.

A Time of Unparalleled Progress

Consider some of the incredible statistics that define our era:

  • Health: Global life expectancy has more than doubled over the past century, increasing from an average of 31 years in 1900 to over 72 years today. Diseases that once claimed millions of lives, such as smallpox, have been virtually eradicated, and innovations like Elon Musk’s Neuralink, a brain-computer interface, are revolutionizing medicine.
  • Technology: We carry more computing power in our pockets than NASA had during the Apollo moon missions. Artificial intelligence, The Internet of Things and renewable energy technologies are transforming how we live and work, offering solutions to challenges once thought insurmountable.
  • Global wealth: The global middle class has grown exponentially. According to the World Bank, the global extreme poverty rate has fallen from 38 percent in 1990 to around 8.5 percent in 2024, allowing more people to access education, health care and opportunities that were once out of reach.
  • Wealth in the United States: The median U.S. household net worth has increased significantly, exceeding $121,700 in 2022, up from $52,000 in 2010 (Federal Reserve). Plus, the U.S. unemployment rate remains at historic lows, fostering greater economic stability for millions of families.

In short, we have the tools, resources and opportunities to lead better lives than ever before.

The Persistent Pitfalls of Fear and Greed

Despite this remarkable progress, human behavior remains largely unchanged when it comes to decision making. Two powerful emotions — fear and greed — continue to dominate financial planning and personal choices, often leading to less-than-optimal outcomes:

  • Fear: Many individuals let fear of market volatility or uncertainty paralyze them. This causes them to miss out on long-term investment opportunities or make reactive decisions that hurt their financial health.
  • Greed: On the other hand, the allure of quick gains often leads people to chase speculative investments or trends, ignoring the fundamentals of disciplined financial planning.

These emotions are not new; they’ve been influencing human decisions for centuries. However, in today’s information-saturated world, fear and greed are amplified by a constant barrage of news, opinions and often misleading information. This makes it even more challenging to stay focused on what truly matters.

Navigating Information Overload

As we embrace the opportunities of a new year, we’re inundated with data and advice from every direction. Unfortunately, much of this information is incomplete, biased or simply wrong. The challenge lies in discerning what is relevant and actionable from the noise. This is where trusted advisors play an essential role.

Our Role as Trusted Advisors

At its core, financial and life planning is about helping clients make better decisions. Our mission as trusted advisors involves four components:

  1. Providing context: We help our clients understand the broader picture and how current opportunities align with their long-term goals.
  2. Filtering information: We separate fact from fiction and focus on actionable insights tailored to each client’s unique situation.
  3. Guiding with discipline: We encourage disciplined decision making that avoids emotional reactions to market swings or sensational headlines.
  4. Fostering fulfillment: We assist clients not only in growing their wealth but also in leading more fulfilling and happier lives.

A Call to Action for the New Year

As we begin another year filled with possibilities, it’s worth remembering that we are living in an extraordinary time. However, the true measure of success lies not just in recognizing opportunities but in having the discipline and clarity to seize them wisely. By partnering together, we can help you navigate this complex world, avoid common pitfalls and make the most of the incredible opportunities that lie ahead.

Let’s make 2025 the year in which we not only dream big but act wisely and avoid old mistakes — for a brighter, more fulfilling future. Our team is here to help you achieve your personal vision, avoid pitfalls and simplify your life. Feel free to reach out to me personally or any of our team whenever we may be of help in doing so.

________

Randy Carver, CRPC®, CDFA®, is the president and founder of Carver Financial Services and is also a registered principal with Raymond James Financial Services, Inc. Carver Financial Services was established in 1990 with the vision of making people’s lives better — clients, team and community. With this mission, Carver Financial Services has grown to be one of the largest independent financial services offices in the country, managing $2.9 billion in assets for clients globally, as of December 2024. Randy and his team provide Personal Vision Planning® for their clients.

Any opinions are those of Randy Carver and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.

 

Life After Divorce: How to Rebuild Your Financial Future with Confidence

Starting Over — Financially and Emotionally

Divorce is one of life’s most emotional and financially complex transitions. Beyond the emotional strain, it’s often the largest financial event most people experience.
 As a Certified Divorce Financial Analyst® (CDFA®), I’ve guided many clients through this process — helping them not just divide assets, but rebuild their financial lives with confidence and clarity.

Once the paperwork is signed, it’s natural to want to move forward. But taking a few thoughtful post-divorce financial steps now can make a lasting difference in your stability, security, and peace of mind.

  1. Reassess Your Financial Plan and Budget

Your life looks different now — and so should your financial plan.
 Start by reviewing your income, expenses, and savings. If child support or spousal maintenance applies, factor those in. Create a detailed post-divorce budget that reflects your new lifestyle, housing costs, and priorities.

From there, look ahead. How will you rebuild your emergency fund? When should you restart retirement contributions? A financial advisor can help you align your spending and savings with your long-term goals so you can plan confidently for the years ahead.

  1. Update Beneficiaries and Account Ownerships

One of the most important yet overlooked steps is updating beneficiaries.
 Check every policy and account — retirement plans, life insurance, investment portfolios, and even joint bank accounts — to ensure they match your current wishes.

Failing to make these changes can create unintended consequences later, especially if your ex-spouse is still listed on key accounts.

  1. Review and Adjust Your Insurance Coverage

Divorce often changes your insurance landscape. Make sure your protection still fits your life:

  • Health insurance: If you were covered under your former spouse’s plan, you generally have 60 days to secure your own coverage or apply for COBRA. Review your children’s coverage as well.
  • Home, auto, and umbrella policies: Verify who’s listed on each policy and confirm that limits reflect your new living arrangements.
  • Life insurance: Update beneficiaries and assess whether the coverage amount still fits your family’s needs and goals.

Proper coverage protects what you’ve worked hard to rebuild — and ensures your loved ones are secure.

  1. Revisit Estate-Planning Documents

Post-divorce, your estate plan must reflect your new reality.
 Update or create a new will, power of attorney, health-care proxy, and guardianship designations. If you have children, review how assets will pass to them and who will manage them if something happens to you.

Estate planning isn’t only for the wealthy — it’s the cornerstone of ensuring your wishes are respected and your family is protected.

  1. Realign Your Investment and Retirement Strategy

Your goals, time horizon, and risk tolerance likely look different now.
 Revisit your investment portfolio with a financial advisor who understands post-divorce planning. Rebalance allocations, reestablish retirement contributions, and ensure your investments align with your new goals — whether that’s stability, growth, or rebuilding over time.

This is also the time to consider tax efficiency, liquidity needs, and the timeline for larger milestones such as retirement or education funding.

  1. Build a Team of Trusted Advisors

You don’t have to handle everything alone. Surround yourself with professionals who specialize in the complexities of divorce recovery — from legal and tax advisors to a financial planner with CDFA® expertise.

Having the right guidance can transform uncertainty into clarity and help you make decisions grounded in knowledge, not emotion.

Moving Forward with Confidence

Divorce marks an ending — but also a beginning.
 With the right planning, guidance, and mindset, you can rebuild your financial life stronger than before.

At Carver Financial Services, our mission is to help clients live their best lives possible. That means creating personalized financial plans that reflect your new reality, your goals, and your values — so you can move forward with confidence and peace of mind.

If you’re navigating life after divorce and need expert guidance, our team is here to help you design a plan for what comes next.

Any opinions are those of Randy Carver and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Investing involves risk and you may incur a profit or loss regardless of strategy selected.

Fear vs. Facts: Why Emotion Shouldn’t Drive Your Financial or Political Decisions

When Fear Becomes the Headline

In today’s world, fear sells.
 It’s used in political ads, investment pitches, and even estate-planning conversations. Fear creates clicks, urgency, and action — but rarely clarity.

Whether it’s a politician warning of catastrophe, a marketer pushing “once-in-a-lifetime” offers, or an annuity salesperson promising safety from a looming market crash, the underlying tactic is the same: trigger anxiety so you’ll act fast.

But here’s the truth — decisions made from fear rarely serve your long-term interests.
 It’s time to pause, look past the headlines, and focus on facts, not fear.

Fear Sells — But It Doesn’t Serve You

Fear-based messaging is designed to make you react, not reflect.
 You’ll find it everywhere:

In Politics

As elections approach, candidates often lean on doomsday messaging — warning of chaos if the “other side” wins. The goal is not to inspire hope or progress, but to provoke fear and urgency. The result? We often vote against something rather than for something.

In Estate Planning

You might hear: “If you don’t act today, you’ll lose everything.”
 That fear-based sales pitch often leads to rushed, expensive decisions — from unnecessary trusts to overpriced protection plans. Estate planning should be grounded in clarity, law, and long-term goals, not panic.

In Investments

The same fear shows up in investment sales.
 Some advisors or product salespeople use fear of market volatility to push “guaranteed” products like equity-indexed annuities. They frame the stock market as a threat rather than an opportunity. These guarantees often come with limited growth and high commissions — benefiting the seller, not the client.

The pattern is clear: when someone leads with fear, it’s often because they don’t have real value to offer.

The Cost of Fear-Based Decisions

Acting out of fear might feel protective in the moment, but it can lead to long-term regret.

In Politics

Voting from fear means voting reactively. It keeps us trapped in cycles of division rather than driving toward vision and progress.

In Estate Planning

Fear can lead to unnecessary spending or legally weak documents. Acting quickly without understanding the facts can result in plans that don’t actually protect you or your family.

In Investing

Fear-driven investment choices often sacrifice opportunity.
 By avoiding market participation completely, investors miss out on years of potential compounding — and growth that outpaces inflation. Long-term wealth is built through balance and discipline, not panic.

When emotion outweighs analysis, it costs more than money — it costs peace of mind.

The Power of Facts and Rational Thinking

The best defense against fear is education.
 Facts provide the foundation for rational, confident decisions — whether about your vote, your will, or your wealth.

Here’s how to stay grounded:

  1. Recognize fear-based language.
     Watch for emotionally charged words like “risk everything,” “protect before it’s too late,” or “guaranteed safety.” Those phrases are designed to bypass logic. 
  2. Do your own research.
     Verify claims from independent, credible sources. Seek multiple perspectives, especially in complex areas like estate law or investment products. 
  3. Ask questions — lots of them.
     A trustworthy advisor welcomes scrutiny. If you feel rushed or pressured, that’s a signal to slow down and get a second opinion. 
  4. Take your time.
     Fear thrives on urgency. Good decisions require patience. Step back, review your options, and make choices aligned with your goals — not someone else’s agenda.

Facts Over Fear: The Foundation of Sound Decision-Making

At the end of the day, fear is a poor advisor.
 It clouds judgment, limits opportunity, and often leads to choices that don’t serve your best interests.

Whether it’s politics, estate planning, or your investment portfolio, success starts with facts, clarity, and trusted guidance.
 At Carver Financial Services, we believe in empowering people through education — helping you understand your options so you can make decisions confidently, not reactively.

If you’re ever uncertain about your financial strategy or facing a decision clouded by fear, our team is here to help you navigate the facts — and move forward with peace of mind.

Because when you lead with facts, not fear, you build a future based on confidence, not crisis.

Any opinions are those of Randy Carver and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Investing involves risk and you may incur a profit or loss regardless of strategy selected.

The Hidden Cost of Worry: How Overthinking Can Obscure Life’s Best Moments

When Worry Becomes a Habit

In both life and investing, worry is everywhere.
 When times are tough, we worry about what’s wrong. When things are good, we worry about when they’ll change.

In today’s always-on world, it’s easy to fall into the cycle of overthinking — replaying conversations, predicting problems, and preparing for outcomes that may never happen.
 Worry often feels productive, as if constant vigilance protects us from risk. But in reality, excessive worry doesn’t prevent problems — it prevents peace.

As Mark Twain wisely said,

“Worrying is like paying a debt you don’t owe.”

The Paradox of Worry

Worry evolved as a survival mechanism. Our ancestors needed it to stay alert to real threats. But in modern life, those physical dangers have mostly been replaced by mental ones — uncertain markets, job insecurity, health fears, and global instability.

Instead of protecting us, chronic worry now keeps us trapped in a loop of “what ifs.”
 We focus on potential losses instead of current gains, missing out on life’s quiet wins: time with loved ones, career progress, or simply the calm of a good day.

Constant worry also narrows perspective.
 By obsessing over short-term risks — amplified by 24-hour news and social media — we lose sight of long-term growth in our portfolios, relationships, and well-being.

The Toll of Constant Worry

Anxiety has become one of today’s biggest health challenges.
 According to the National Institute of Mental Health, anxiety disorders affect more than 40 million adults in the U.S. — nearly one in five people — and women are twice as likely to experience them. Yet more than 60% of those affected never seek help.

Chronic worry can lead to fatigue, insomnia, and burnout.
 Over time, it triggers the release of stress hormones that elevate heart rate, blood pressure, and blood sugar — placing strain on the body and mind.

When we spend our energy worrying, we have less left for what truly matters: growth, gratitude, and joy.

How Worry Steals from the Present

Here are four ways worry can quietly drain your happiness and clarity — both in life and in finances.

1. Worry Creates Tunnel Vision

When we fixate on what might go wrong, we lose perspective on what’s going right. This narrow focus blinds us to opportunities and prevents us from celebrating progress and success.

2. Worry Pulls Us Out of the Present

Worry lives in the future — in scenarios that haven’t happened.
 But the present is the only moment we can influence. By dwelling on tomorrow’s uncertainty, we lose today’s moments of peace and connection.

3. Worry Sabotages Relationships

Overthinking can distort communication. It makes us read into tone, assume the worst, and create distance. Worrying about being misunderstood or unappreciated prevents genuine connection with the people who care about us most.

4. Worry Erodes Health and Motivation

Long-term stress can trigger chronic fatigue and emotional exhaustion. It drains focus and willpower — two things we need most to achieve meaningful goals.

Breaking the Cycle: From Worry to Gratitude

You can’t eliminate worry entirely — but you can change your relationship with it.
 Replacing worry with gratitude helps reframe perspective from fear to appreciation. Gratitude reminds us of what’s working, what’s stable, and what’s worth cherishing right now.

Here’s how to begin:

  1. Keep a Gratitude Journal
     Each morning, list three things you’re thankful for. They can be small — a good cup of coffee, a friend’s text, or a quiet moment. This practice trains your brain to notice the positive.
  2. Practice Mindfulness
     Bring your focus back to the present moment. Notice what you see, hear, and feel. Mindfulness quiets the mental noise and helps anchor you in reality, not imagination.
  3. Challenge Negative Thoughts
     Ask: Is this worry based on fact or fear?
     Often, the worst-case scenario we imagine never happens. Reframing thoughts toward balance reduces their emotional impact.
  4. Celebrate Small Wins
     You don’t need a major milestone to feel accomplished. Acknowledge progress — finishing a project, resolving a conflict, or sticking to a goal. Small wins build confidence and calm.

Investing Without Worry

The same lessons apply to money.
 Investing requires focus on the long term — not the daily noise of markets or headlines.

One of the biggest risks investors face isn’t volatility; it’s inflation.
 The cost of living rises each year, and the only way to keep up or get ahead is through disciplined investing. Holding too much cash because of fear may feel safe today but can lead to financial strain later.

A 2024 Nationwide Retirement Institute® survey found that 78% of Americans rated the U.S. economy as “poor or fair.” Many reacted by cutting retirement contributions or withdrawing savings early — steps that could hurt long-term security.

Even more concerning, 74% said they don’t work with a financial advisor.
 Without guidance, worry turns into reaction — and reaction leads to mistakes.

Working with an experienced advisor can help you separate emotion from evidence.
 At Carver Financial Services, we build lifetime financial plans that balance present stability with future growth — so you can live confidently today while preparing for tomorrow.

Choosing to See the Good

Worry may be instinctive, but gratitude is intentional.
 By focusing on what’s good — not just what’s uncertain — you create space for joy, peace, and growth.

Our team is here to help you strengthen that mindset — financially and personally — so you can make decisions from confidence, not concern.

“Worry never robs tomorrow of its sorrow, it only saps today of its joy.”
 — Leo Buscaglia

Any opinions are those of Randy Carver and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.

This information is not a statement of all available necessary data for making an investment decision, and it does not constitute a recommendation. All options are as of this date and are subject to change without notice. Investing involves risk and you may incur a profit or loss regardless of strategy selected, including asset allocation and diversification. Past performance is not a guarantee of future results.

Proactive Rebalancing: A Smarter Strategy Than Market Timing

Why “Timing the Market” Rarely Works

For decades, investors have tried to outsmart the market — selling before downturns and buying before recoveries. The idea sounds appealing: avoid losses and capture gains. But the truth is, market timing doesn’t work consistently. Even professionals rarely get it right.

Trying to predict short-term market movements can lead to missed opportunities, higher fees, and unnecessary taxes — not to mention emotional stress.
 At Carver Financial Services, we believe long-term success doesn’t come from predicting the market; it comes from preparing for it.

The Hidden Cost of Market Timing

Market timing is based on the belief that you can accurately forecast future prices — yet global markets are influenced by countless unpredictable factors: economic data, interest rates, elections, and investor sentiment.

Even missing just a few of the market’s best days can devastate long-term returns:

  • 78% of the market’s best days occur during bear markets or in the first two months of recovery.
  • Missing just the 10 best days over 30 years could cut your total return in half.
  • Missing the 30 best days could reduce returns by more than 80%.

That’s because market rebounds often happen fast — and most investors who try to time the market are sitting on the sidelines when those rallies occur.

Emotion plays a major role.
 When markets fall, fear drives people to sell. When prices rise, greed tempts them to buy back in — often too late. This reactive cycle leads to underperformance and erodes confidence over time.

The better path? Stay invested — and focus on balance, not prediction.

Why “Buy and Hold” Isn’t Always Enough

The buy-and-hold strategy — purchasing investments and keeping them for the long term — remains a cornerstone of disciplined investing. Over time, markets tend to rise despite short-term volatility.

However, strict buy-and-hold can overlook opportunities to adjust when conditions, tax laws, or your personal goals change.
 In a world where algorithms and automated portfolios dominate, too many investors are placed into one-size-fits-all strategies that don’t reflect their unique financial picture.

Your life, goals, and tax situation evolve — and your investment strategy should evolve with them.

The Case for Proactive Rebalancing

Proactive rebalancing is a disciplined yet flexible approach.
 Rather than reacting to market swings, it involves regularly reviewing and adjusting your portfolio to keep it aligned with your goals, risk tolerance, and current conditions.

Here’s what makes it so effective:

1. Maintains the Right Risk–Reward Balance

Over time, market performance can shift your portfolio’s weight. Rebalancing brings it back in line — ensuring you’re not taking on too much (or too little) risk.

2. Helps Capture Opportunities

When markets fluctuate, proactive rebalancing allows you to buy undervalued assets and trim overvalued ones — effectively buying low and selling high, but in a disciplined, data-driven way.

3. Enhances Tax Efficiency

Strategic rebalancing can involve realizing losses to offset gains or shifting assets into tax-advantaged accounts. These moves help keep more of what you earn — because in investing, it’s not what you make, it’s what you keep.

4. Adapts to Life Changes

Your financial strategy should reflect where you are today — not where you were five years ago. Rebalancing adjusts for new goals, income changes, or milestones like retirement, ensuring your plan evolves with you.

Investing with Intention, Not Emotion

Investing should support your life — not consume it.
 Proactive rebalancing gives you a framework to act rationally, not react emotionally. It replaces guesswork with structure and allows you to focus on what truly matters: having cash flow for today, growth for tomorrow, and confidence for life.

At Carver Financial Services, our dedicated team of professionals integrates proactive rebalancing into every client plan.
 We tailor each portfolio to reflect your vision, lifestyle, and tax situation — helping you stay invested, stay balanced, and stay on course.

Conclusion: Prepare, Don’t Predict

Market timing is speculation.
 Proactive rebalancing is strategy.

By maintaining diversification, aligning with your long-term goals, and adjusting thoughtfully to change, you can enhance returns, improve tax efficiency, and reduce stress — without ever needing to “call” the market.

Our team is here to help you build a plan designed for real life, not for short-term market noise.
 Reach out anytime — we’ll help you create a portfolio that evolves with you and stands the test of time.

Any opinions are those of Randy Carver and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.

Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional. Rebalancing a non-retirement account could be a taxable event that may increase your tax liability.

This information is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. All opinions are as of this date and are subject to change without notice. Investing involves risk and you may incur a profit or loss regardless of strategy selected, including asset allocation and diversification. Past performance is not a guarantee of future results.

The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary.