Financial Planning
Inherently, money has no value at all. It is a dull, lifeless, man-made creation designed to ease the facilitation of commerce. The real value of money lies in what it allows you to experience. Money is an excellent servant to our lives, but makes for a horrible master.
Investment Philosophy
As individuals, each of us is unique. While we each have distinct investment objectives, one of the most essential elements of investing is having the ability to distinguish between investing and speculating.
Investment Discipline
The most fundamental purpose of developing a coordinated investment plan is to ensure that there is a smart place for you to get money whenever you need it. We recognize that life’s bills do not always come at the peak of a market cycle, so it is critically important to build resiliency into your portfolio.
Your Personal Boardroom™
An effective board has a clear mission and understanding of what the entity is trying to accomplish. A clear and honored mission, coupled with shared commitments, results in a highly effective team working in tandem to accomplish common goals.
Building Relationships by Doing the Right Thing...Always.
Recent Blogs
During the past week, we have seen a return to the volatility trends that were prevalent through much of 2022. The past two trading days have been especially active, with the S&P 500 going negative on the year for a brief period on Monday before ultimately turning positive.
In 1929, at the height of an economic boom in America, Joseph Kennedy Sr. (father of JFK) was working as a stockbroker on Wall Street. As the story goes, Joseph was walking around when he decided to sit down for a shoeshine. While polishing his shoes, the young worker gave Joseph some of his favorite stock picks. When Joseph heard the shoeshine boy giving out stock tips, he figured the party was about to end, and it was time to get out of the market. Joseph proceeded to exit his positions in the market and bought short positions that bet on the market going down.
One of the best things about markets is that they don’t have memories. They don’t remember what happened last week or last year. They don’t even remember what happened a minute ago. Prices change based on what’s happening right now and what people think will happen in the future. People have memories. Markets don’t. And that’s a good thing.