Wisdom for Money

We recently published a video that described how stock prices have fared after the onset of war. We thought you might be curious since...we're in a war. The results might surprise you. If you missed the video, you can watch it here.​

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Investing...It's Not a Game

This topic has had more traction than I would have expected when I founded this firm 35 years ago. That topic is the propensity for some people to turn investing into a medium for entertainment. You know - fun. As Carl Richards said, it's become a spectator sport.

After watching this for many decades, here's my take on this subject: it's a BAD idea! I've seen people hurt themselves attempting this. When that happens, it's no longer fun. I promise!

The average investor who loses focus on their prudent investment strategy can fall for what amounts to gambling and speculating. There's 3 primary methods of gambling with our money.

• Active stock picking

• Market timing

• Track record investing

We have never practiced these. IF they worked - we would. They don't! So we won't.

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The Next Bear Market?

Bear markets (a market decline of 20% or more) happen about every 4.5 years or so on average. The last one was in 2022. That means we expect the next one...about any minute now.

But don't worry, companies tend to emerge from these stronger than they went in to the downturn.

Following the plan is always the best course.

Thanks for reading,

Tim O'Connor