And what they teach us We read these last week at the Irrelevant Investor and knew we had to share them with you. The lesson we gathered is that investing successfully, while simple, is very difficult…and the difficulty is mostly psychological. Read on, and let us know if you agree. Enjoy! John, Bill, Mark & Melanie Since 1916, the Dow has made new all-time highs less than 5% of all days, but over that time it’s up 25,568%. 95% of the time you’re underwater. The less you look the better off you’ll be. The Dow has compounded …
On Wall Street, Your Best Interests Finish a Distant Second
Here’s strong evidence that theirs come first As a client, you won’t find this groundbreaking. In fact, it’s likely one of the main reasons you are a client. We sent the article below to people we believe should become our clients. But the lesson is one that none of us can afford to forget – literally. So, we thought you might want to read it also. We strongly suggest you do. The gist is that all the major firms put their gains over yours – not news. But what’s interesting is who admits it, how they do so, and the …
2018: Year in Review
Like a Good Basketball Game, It Came Down to the Fourth Quarter We started the year with a pop and a pull back. When the dust settled in February, nothing else spectacular happened, as the market ground out a slow and steady 5% return through mid-September. Then, as the fourth quarter unfolded, only the good people of Qatar in the Middle East stood as victors in the end, with their country’s stock market posting the only gains on the planet for 2018, and by a landslide – up 27%. While most of the damage came within the fourth quarter, …
A Note for the Holidays…and a Little Laughter
Happy Holidays! There’s no better time to reflect upon what’s important in life. Cherish what you have, learn from what you may have lost, and look forward to what great things will come. Thank you for allowing us to be a part of your lives. John & Bill