Friday, May 1st, 2020
Good Morning and Happy Friday. Check out Katie's latest video below as she discusses Benjamin Graham's "The Intelligent Investor."
"Invest only if you would be comfortable owning a stock even if you had no way of knowing it's daily share price."
Who would have guessed what April would bring? The major benchmarks are roughly 30% off bear-market lows on March 23. The S&P 500 Index had the best April in 82 years with a 12.7% return for the month. The NASDAQ Composite Index was on pace for a 15.5% gain in April.
Thursday, April 2nd, 2020
What a wild ride we've experienced in the first quarter of 2020. Thank you for your trust to guide you through this volatile time. Although past performance is not an prediction or indicator or future returns, we can look at historical returns for some perspective on how market recoveries have looked previously. Please enjoy the following charts that offer some perspective.
Tuesday, March 24th, 2020
Today's video includes an update on how the world is working remotely, an update of the Case Fatality Rate and calm breathing tips.
Monday, March 23rd, 2020
Our BFPCC Investment Committee was on a webinar with JP Morgan today and wanted to share the following important insight with you. If you historically had a diversified portfolio of 60% Stocks and 40% bonds, it likely looks more like 52% Stocks and 48% bonds (as of Friday (3/20) making you already "more conservative."
Thursday, March 12th, 2020
Despite a nice recovery day on Tuesday, it now appears that the investment markets are in full panic mode, the result of the World Health Organization (WHO) declaring the Covid-19 virus to be a global pandemic. The WHO defines a pandemic as "the worldwide spread of a new disease."
Friday, February 28th, 2020
Just a friendly reminder that although we have no control over market volatility, we can control how we handle our emotions and avoid letting them drive our financial decisions.
We encourage you to check out the chart enclosed below that shows how markets have powered through past viral outbreaks. After the SARS outbreak in China during 2002-2003, the market bounced back quickly after the virus was contained. As with past outbreaks, markets are expected to power through over the long term.
Bear Markets are Healthy for Long Term Returns
The substantial thing about bear markets that should matter to investors is how they react to them. First, no one should be surprised when a bear market occurs. They happen with some regularity. While we can’t really predict when they will occur, we know that they will. And we also know that they will eventually give way to another bull market. In fact, there have been 23 bear markets in the last 100 years, each followed by a bull market.