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.
We first want to thank you for your continued trust. The reason you hired our team is to navigate you through times like we are experiencing now. We are here for you and won't allow you to let emotions drive financial decisions. Our commitment to YOU is to separate emotion from strategy.
Please remember every financial plan we create is stress tested and we plan for times of uncertainty when we speak about your financial goals. You have already pro-actively planned for market volatility and that is why you have a balanced portfolio.
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.
Wednesday, February 26, 2020
Uncertainty can shake any investor's confidence and lead to costly mistakes. While the COVID-19 infection seems to be stabilizing in China, new cases are emerging in other countries. This has triggered another round of risk aversion around the world.