As we close out 2023 there were many unexpected twists along the way, but the biggest surprise was the majority of the returns for the major stock indices (Nasdaq, S&P 500 and Dow Jones Industrial) all were heavily dependent on the performance of seven stocks, coined The Magnificent Seven by Jim Cramer, earlier in the …
Category Archives: Financial Planning
A Little History on Bull and Bear
Dear clients and friends, As we enter the last quarter of the year, volatility is picking up in both the stock and bond markets, primarily due to rising treasury yields and renewed concern about higher for longer rates of inflation and soaring national debt. Historically, September is a difficult month for the stock market and …
Direct Indexing
Dear clients and friends, We hope each of you is enjoying the summer months and a more stable market environment. As we progress further into the second half of the year we wanted to provide a quick update on the markets as well as introduce a concept called “Direct Indexing” which is becoming a bigger …
The Importance of Stress Testing
When we help people construct their retirement plans, we highlight the importance of stress testing different factors that could have a negative impact on financial estimates