Monthly Insights

"Ideas shape the course of history." -John Maynard Keynes


April 2019 Monthly Insight – Expect the Unexpected

Posted by on Monday, April 1st, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“It belongs to the imperfection of everything human that man can only attain his desire by passing through its opposite.” —Soren Kierkegaard, Danish philosopher, theologian, and poet Bright start to the new year First, let’s take a look back at December.  A headline in TheStreet.com summed it up well: “Dow Gains on Last Day of Worst December Since the Depression.”  Even a 7% bounce in the final week of the last year didn’t prevent a performance that was compared to the early 1930s.  When the S&P 500 Index...

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March 2019 Monthly Insight – The Fundamentals Eclipse the Negative Headlines (and a tribute to the late Jack Bogle)

Posted by on Saturday, March 9th, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently.”— John Bogle, founder of Vanguard and inventor of the index fund The steady diet of concerning headlines from around the world has been unsettling for most Americans, regardless of where they sit on the political spectrum.  We know equity markets loathe heightened uncertainty.  What is...

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February 2019 Monthly Insight – The Year Ahead

Posted by on Friday, February 1st, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance, Wealth Management | Comments Off on February 2019 Monthly Insight – The Year Ahead

“Come what may, all bad fortune is to be conquered by endurance.” –Virgil, Roman poet, born 70 B.C. We hope your 2019 is off to a rousing start. Whether you reached your personal goals in 2018, faced challenges, or are looking for a 2019 reboot, let’s take a moment to hit on the key themes for the rest of this year. What’s in store for 2019 While 2018 began with unbridled optimism, caution quickly entered the picture, and most major U.S. indexes had their first downturn since 2008.  In 2019, we have the mirror image. There is no...

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January 2019 Monthly Insight – General Investing Principles

Posted by on Friday, January 4th, 2019 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“You’d be making a terrible mistake if you stay out of a game you think is going to be very good over time because you think you can pick a better time to enter it.” Warren Buffett General Principles It is worth restating, even in the context of a letter primarily focused on the year just past, our overall philosophy of investment advice. It is goal-focused and planning-driven, as sharply distinguished from an approach that is market-focused and current events-driven. Every successful investor we’ve ever known acted continuously on a plan;...

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December 2018 Monthly Insight – Diversification

Posted by on Saturday, December 1st, 2018 in Investing, Monthly Insights, Personal Finance | 0 comments

“You have to understand what market history looks like. What market history tells you is that the very, very best investments are made when things look the worst.” —William J. Bernstein Diversification of an investment portfolio is a best practice for long-term investors. You may think of it as “not putting all your eggs in one basket,” although it involves a bit more than that. Diversification is a risk management practice that mixes a wide variety of non-correlated investments within a portfolio. Correlation, as it relates to your...

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