As the weeks roll by, the COVID-19 challenge can feel stiffer and stiffer. If ever we faced a time that called for personal resilience, this is it. It’s not easy to adjust one’s financial plans in order to stick to one’s financial strategy. It’s not easy to remain wise, warm and cool headed when uncertainty…
Historically, stock markets fall over 10%, called a Correction, about three of four times in every five years, and they fall over 20%, called a Bear Market, almost twice every five years. Nevertheless, I can tell you that Terry and I never worry about our investments. Here’s why; it’s simple, but it works for us….
April 27 is our wedding anniversary. Patty and I have been married for 33 years. To say that I got lucky is quite an understatement. Patty and I have been lucky in another way. Throughout our married life we have had the awesome privilege of watching our clients live their lives. This has been life…
In “FEWER, RICHER, GREENER”, Laurence Siegel writes: “We are on the verge of the greatest democratization of wealth and well-being that the world has ever known”. Every time we have a recession, a bear market, a crisis, some folks declare it to be the end of the trend. But, something amazing emerged in the mid-18th…
Positive Psychology, the science of human flourishing, lists six characteristics of a flourishing life, summed up as PERMAV. Two weeks ago I spoke about Vitality, today I want to touch on R, Relationships. A new phrase has appeared, “social distancing”. We’ve never heard that one before. Under normal circumstances we would find “social distancing” offensive…
When stock markets fall more than 20% we call it a “Bear Market”. Personally, our first bear market experience was Black Monday, October 19, 1987. The Dow dropped 22.6%, the largest single-day percentage drop in history, driving the Dow below 2,000. We are currently experiencing our fifth bear market. In mid-February the Dow approached 30,000…
Let’s talk about VITALITY. You may recall two months ago we wrote to you about Positive Psychology, The Science of Human Flourishing. We mentioned there are six characteristics of a flourishing life, summed up as PERMAV. Today I want to dig a little deeper into V, vitality. Amazing scientific research is confirming the way we…
Our son Josh is investing. He finally has an income. I say finally because he’s been in school for so long we were beginning to wonder if he’d ever see a pay cheque. He asked a great question the other day, after checking his investment portfolio: “Why didn’t we sell our investments before the market…
A renowned money manager used to remind us, “the stock market is the manifestation of public sentiment.” That’s a powerful statement, so simple, so profound, it’s worth repeating. “The stock market is the manifestation of public sentiment.” The stock market tells us how people are feeling. Not about the past. Not about the present. About…
This feels different from anything we’ve ever been through. But I feel if we all dig deep, think deep, and find our inner silence, we’ll get through this just fine, and even come out on the other side better off. Maybe that’s the good news. We’re going to be staying home more and avoiding crowds…
