Practicing Wellness Beyond the Mat
Market Recovery Message
Today the stock market closed at 6,173, a new all-time high. At its highest point in February, prior to the tariff-driven downturn, the S&P 500 closed at 6,144 (February 19th). In the intervening four and a half months, millions of words of commentary were aimed at long-term, buy-and-hold, stick-with-the plan...
Navigating Uncertainty: Smart Strategies for Confident Investors
Dealing with Unknowability in Markets Markets are unpredictable. That’s not a flaw—it’s the nature of investing. From interest rate hikes to global conflicts, black swan events to unexpected company earnings, trying to anticipate the next move can be an exhausting and usually unproductive endeavor. Investors often feel the urge to...
Market Correction
As you may have noticed from the shrieking coming from the financial media, the US stock market has entered what's generally called "correction territory" - that is, it has closed 10% below its latest record high point. You will see plenty of commentary analyzing why this is happening (tariffs, uncertainty...
Annual Letter
I’m happy to report on another successful year as we chase your financial goals. As you know, our plan and our portfolio are driven by those goals, rather than by predictions about the economy or the markets. This will continue to be the case in the coming year, and beyond. As always, I’ll...
The Year So Far
It is a real pleasure to report to you on the progress of the portfolio – and even more important, of our financial plan – so far in 2024. As we usually do in these updates, we want to remind ourselves of a handful of timeless truths about successful long-term wealth...
