Are you familiar with the saying, “Even a blind squirrel finds a nut every once in a while”?
The year of 2017 (and every year since 2009) in the stock markets could fall under this category – and prove dangerous to those not recognizing or admitting this reality. In other words when the S&P 500, the index of the largest and most recognizable companies in America, rises every year (including dividends) for 9 years in a row (and was up over 13.5% in 6 out of those 9 years) we have been given a slightly false sense of security that investing is easy.
Continue reading “Even A Blind Squirrel…”
What a week for people named Warren and Trump. Did you catch the Oscars Best Picture mix-up with Warren Beatty?? The bottom line for me was: when you are unsure whether you understand something important, ask.
As for people named Warren Buffett this week yielded yet another annual letter of wisdom and perspective from the “Oracle of Omaha”. Striking was that Mr. Buffett’s letter reflected several similar sentiments (some not) to those expressed by Mr. Trump in his Presidential address to Congress on Tuesday evening. Another week in America. Not always perfect but still good–even great. Continue reading “Warren Buffett Letter 2017”
In times of stock market weakness – like we are seeing over the past month – we can tend to get scared. We are human. However, I stress to my clients and friends NOT to allow short-term market moves (monthly, quarterly…even yearly) to lead to poor decisions. Why? Please read on…
The following chart reads like a cartoon so not to worry that I am sending you a complicated graph. The RED DOTS = how much the market went down sometime during each year. The BLUE LINES = where the market finished at the end of the year.
Continue reading “Gut Check in Rocky Markets – 2016”