Details Are Part of Our Difference
Podcast Episode – Meir Statman
With the Recent Events in Ukraine, Should I Make Changes to My Portfolio?
Embracing the Evidence at Anheuser-Busch – Mid 1980s
529 Best Practices
The first few weeks of 2016 were the worst start for the S&P 500 in history. So what should you do? The attached article serves as a reminder that negative returns in January (or any single month) are not meaningful because the subsequent 11-month returns have been positive 59% of the time, with an average return of 7%.
Accept the periods of negative volatility and remain disciplined. As the time period increases, the probability of realizing positive expected returns increases. Let patience lead to prosperity.
2015 in Review
Lessons from a Lifetime of Investing
As the year comes to a close, it’s fitting that we take a moment to reflect on recent market lessons. But, you know we’ll never focus on any one year, so let’s consider the four most recent decades from 1975 through 2015. This captures nearly all of the investing lives of our clients. Here’s a summary of data taken at the beginning of each of the 10-year time periods.
• The S&P 500 increased more than twenty times while consumer prices rose four and a half times.
It’s hard to believe the amount of growth we’ve experienced, especially having lived through 9/11 and the great recession in ’07-’09. Our suggestion: Take this opportunity to remind yourself of these facts, stick to a long-term investment plan, and get on with whatever brings you joy in the year ahead. We’ve achieved a lot, and we may just be getting started.