Monthly Insights


“Shock is still fun. I won’t ever shut the door on it.” – Nicolas Kim Coppola, known professionally as Nicolas Cage, American actor and filmmaker The Fed Gears Up for Shock and Awe Perhaps Nicolas Cage finds shock fun, but, since the beginning of the year, investors have likely felt otherwise as the markets have been shocked by persistently high inflation and the question of how the Federal Reserve might...

Read More

“Not all of us can do great things.  But we can do small things with great love.” Mother Teresa – Catholic Saint For many people, it is difficult to think about the possibility of needing long-term care.  According to a recent study by the U.S. Department of Health, someone turning age 65 today has almost a 70% chance of needing some type of long-term care services in their remaining years.  When it comes to planning a safe and secure...

Read More

“I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.” Eugene F. Fama – University of Chicago Economist and Nobel laureate Ukraine Invasion On the evening of February 24, 2022, the world watched as Russia invaded its neighboring country, Ukraine.  The invasion, considered the largest conventional military attack in Europe since World War II, has...

Read More

By Caroline M. Friedrich, CPA, CFP® Have you ever wondered why I am passionate about developing holistic financial plans for my clients? Watch my video below to get to know my story. If you want to work with a goal-focused, planning-driven advisor who strives to help you maintain your lifestyle and independence through retirement, reach out to schedule an introductory meeting! About Caroline Caroline Murphy Friedrich is a financial...

Read More

“To reduce risk, it is necessary to avoid a portfolio whose securities are all highly correlated with each other.” Harry Markowitz – American economist Given the past 3 years of S&P 500 returns (31% in 2019, 18% in 2020, and 29% in 2021), many investors may be suffering from “recency bias.”  The term recency bias refers to the tendency to place too much emphasis on recent events.  For example, you may be inclined to chase last...

Read More

“Bitcoin is like anything else: it’s worth what people are willing to pay for it.”Stanley Druckenmiller – American investor, hedge fund manager, and philanthropist Cryptocurrency gained mainstream acceptance and attention as the market cap surpassed $3 trillion in November 2021.  Bitcoin, the world’s most popular cryptocurrency, reached all-time highs in 2021 as the value exceeded over $65,000 per coin.  In January 2022, Bitcoin...

Read More