Tumlin Levin Sumner Wealth Management A disciplined approach to account management
With more than 50 years of cumulative industry experience, our team brings the knowledge and professionalism you deserve to our coastal Carolina community. With a deep understanding of money management, right down to each actively managed portfolio, we strive to provide wealth management expertise that matches the advice you'd expect from a Wall Street firm.
Since 1896, the U.S. equity market, as represented by the Dow Jones Industrial Average, has experienced upward trends, as well as lengthy periods of time when the market stagnates or moves lower. Eight alternating cycles have occurred since then, averaging 14 years in duration.
What does this mean to you as an investor? Well, if you start accumulating meaningful, investable wealth around the age of 40 and live to be 85 years old, you'll probably witness these market cycles. Since it's likely you'll experience three alternate cycles over the course of your investing years, it's important to have effective strategies available during both rising (bull) markets and falling (bear or fair) markets.
The Dow Jones Industrial Average (DJIA), commonly known as “The Dow” is an index representing 30 stock of companies maintained and reviewed by the editors of the Wall Street Journal.
Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation.