With the current turbulence in both equity and interest rate markets culminating in a 75 basis points cut from the Fed – it’s important to remember how these changes affect consumers and the lesson this teaches us about sound financial advice. Mortgages, pensions and our investments form a vital part of the financial decisions we make during our life, getting sound advice from a financial advisor can help us make costly mistakes. It’s worth remembering that, like most financial decisions the law of compounding counts – make even a small bad decision i.e. a slightly worse mortgage rate when you choose your mortgage and over time, that small difference adds up. While volatile times are trying for investors, it’s actually not a bad time to take stock of the investments we have, the asset allocation strategy we have and to either appoint a financial advisor or review our relationship with our current financial advisor.