Ryan Finnell • Retirement Tax Advisory Group
- A "living in the moment" guide to investing by Jerry Wagner
- Sell in June and go away?
- Market “truths” subject to change by Rob Hanna
- Client appreciation: A sound investment (Jim Bowen, LPL Financial)
Ryan Finnell • Retirement Tax Advisory Group
- A "living in the moment" guide to investing by Jerry Wagner
- Sell in June and go away?
- Market “truths” subject to change by Rob Hanna
- Client appreciation: A sound investment (Jim Bowen, LPL Financial)
S.M.A.R.T.E.R. - Specific Measurable, Attainable, Realistic, Time-Bound, Exciting and Rewarding these the components of #LIFEGOALS. Life Goals are easier to rationalize than the stock market. So Why do we still dwell on managing our investment as a professional fund manager rather than a real investor? This presentation looks at the wisdom of Peter Lynch about why we will fail at forecasting and how what Benjamin Graham will have to say about our personal investment approach.
I also included some tips on how we can build wealth over time by simply investing our money where it belongs.
The Happiness Equation as it relates to investing is an interrelationship between your perceptions and expectations of investing and events. How do you manage happiness when you can't manage the markets?
Market Twitter June 2017 – Narnolia Securities Limitednarnoliasecurities
We are pleased to share with you the JUNE 2017 edition of the Market Twitter . Valuable Inputs by Sri Shailendra Kumar, CIO, Narnolia Securities Ltd & Sri Dhirendra Kumar, CEO , Value Research. Please share this valuable informative market twitter with your Investors. Visit https://www.narnolia.com/.
The beginner's guide to investing intelligently from the start! From the stock market to real estate! Tips, suggestions, strategies, discussions, things to beware of and more!
Never make a bad investment or lose your money again!
Get WHITELABEL Rights to BOTH Creaite
And Our Plugin And Put YOUR Branding On
Our PREMIUM Web-App
So That You Can Keep The Secret Power Of Creaite
To Yourself And Keep Your Competitors Guessing..
I am glad that our small quarterly magazine "Life-A Promise" has published on time. The extraordinary achievements of the children always motivated me. I am proud to be able to highlight the achievements of some of the children of Shillong in this issue.. Everbloom K. Nongrum, Miss Bipasha Dhar, Master Arman Sharma, Master Saruya Kanuar, Miss Debashmita Chakraborty these five little children has done extraordinary jobs in their respective field. This issue is the witness of their achievements. Our Best Wishes to these little kids. Gopinath Sir's wonderful article is like a gift to us. We must read again and again "Why Discipline savings is always ahead than financial intelligence". With your good wishes and love, I will go ahead with something new again. Thank you all.
S.M.A.R.T.E.R. - Specific Measurable, Attainable, Realistic, Time-Bound, Exciting and Rewarding these the components of #LIFEGOALS. Life Goals are easier to rationalize than the stock market. So Why do we still dwell on managing our investment as a professional fund manager rather than a real investor? This presentation looks at the wisdom of Peter Lynch about why we will fail at forecasting and how what Benjamin Graham will have to say about our personal investment approach.
I also included some tips on how we can build wealth over time by simply investing our money where it belongs.
The Happiness Equation as it relates to investing is an interrelationship between your perceptions and expectations of investing and events. How do you manage happiness when you can't manage the markets?
Market Twitter June 2017 – Narnolia Securities Limitednarnoliasecurities
We are pleased to share with you the JUNE 2017 edition of the Market Twitter . Valuable Inputs by Sri Shailendra Kumar, CIO, Narnolia Securities Ltd & Sri Dhirendra Kumar, CEO , Value Research. Please share this valuable informative market twitter with your Investors. Visit https://www.narnolia.com/.
The beginner's guide to investing intelligently from the start! From the stock market to real estate! Tips, suggestions, strategies, discussions, things to beware of and more!
Never make a bad investment or lose your money again!
Get WHITELABEL Rights to BOTH Creaite
And Our Plugin And Put YOUR Branding On
Our PREMIUM Web-App
So That You Can Keep The Secret Power Of Creaite
To Yourself And Keep Your Competitors Guessing..
I am glad that our small quarterly magazine "Life-A Promise" has published on time. The extraordinary achievements of the children always motivated me. I am proud to be able to highlight the achievements of some of the children of Shillong in this issue.. Everbloom K. Nongrum, Miss Bipasha Dhar, Master Arman Sharma, Master Saruya Kanuar, Miss Debashmita Chakraborty these five little children has done extraordinary jobs in their respective field. This issue is the witness of their achievements. Our Best Wishes to these little kids. Gopinath Sir's wonderful article is like a gift to us. We must read again and again "Why Discipline savings is always ahead than financial intelligence". With your good wishes and love, I will go ahead with something new again. Thank you all.
Is there an income gap between your current take home pay and the income needed to achieve your desired goals and dreams? Then this may be the opportunity you have been looking for. This is not a get rich quick opportunity.
Emerging economic trends are going to make the future very difficult for millenials who hope to buy a house or have savings for retirement. Learn the basics of financial literacy; how to avoid debt, build a nestegg and acquire advice on personal portfolio management.
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This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global
overview, then features the returns of stock and bond asset
classes in the US and international markets.
The report also illustrates the impact of globally diversified
portfolios and features a quarterly topic.
This report features world capital market performance and a
timeline of events for the past quarter. It begins with a global
overview, then features the returns of stock and bond asset
classes in the US and international markets.
The report also illustrates the impact of globally diversified
portfolios and features a quarterly topic.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios.
More from Financial Synergies Wealth Advisors, Inc. (20)
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
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What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
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If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
1. 4265 San Felipe, Suite 1450, Houston, TX 77027 | 713-623-6600 | info@finsyn.com | finsyn.com
Money Janitor
MIKE BOOKER, CFP®, CHFC®, CFS®
SHAREHOLDER, FINANCIAL ADVISOR
We have all heard that money can’t buy
happiness. But, what is it that money can
do? Specifically, what is that magic net
worth number that would be enough to let
you exhale, but not so much that it created
its own set of problems? How much do you
need to be happy? I don’t pretend to know
the answer to these questions, but over the years, I have
pointed clients in the direction of their own answers. There
have also been some studies that have attempted to
provide some guidance, too.
According to a study of the super-rich, there are three
types of wealth. Robert Kenny, formerly with the Boston
Center on Wealth and Philanthropy, concluded from his
study that the three types are:
1. Those who are still in the hunt and focusing on making
more money;
INSIDE THIS ISSUE
1. Money Janitor
2. Biff Tannen and
2018 Market
Predictions
3. 2018 Financial
Kickoff
4. As Goes January, So
Goes the Year?
Q4 2017
Newsletter
Quarterly
...Continued on next page
2. 2„„
2. The post-liquidity crowd who have sold a business and are adjusting to a
new life and;
3. Those who have inherited from their parents, grandparents or great
grandparents.
“For the first group, for better or worse, happiness is often tied to the act of making money. For the latter
two, achieving a sense of well-being is more complicated.” For group 2 and 3 above, my experience over
the last 35 years has been that there usually comes a time when they realize they are not going to spend
what they have accumulated by the time they die. This realization typically causes these two groups to ask
what they want to do with this money and, by extension, what to do with themselves.
My recommendation is to think of money as something that can create a result that is important to you
rather than non-stop accumulation of bigger and bigger numbers on a page. This can be harder than you
might expect. Buying things works initially because there is a certain euphoria associated with buying new
things. For people that have come from a life of scarcity, buying what they always wanted is very fulfilling…
for a time. But what frequently happens is they end up spending more and more time taking care of those
things and, as advisor Robert Frank has said, “becoming a janitor to the stuff.”
So, here is my advice for the New Year and beyond:
• Go buy stuff, just don’t become caretaker to all your stuff.
• Find a passion that you can put your money behind and make that passion happen, either in this life
or after.
• Don’t waste a minute of time worrying how much wealth someone else has. There will always be
someone with more money than you and someone else with more money than them.
...Continued from previous page
Mark Twain said of money, “Where I was brought up we never talked about money because there was
never enough to furnish a conversation.” Whether you had the same childhood experience as Mr. Twain or
not, matters little. What matters is where you are right now. Life is finite-no one has set aside enough
money to buy themselves out of the human condition.
What is the magic amount of money to make you happy? Maybe you already have it. Exhale.
_____________________________________
Financial Synergies Online Tools
_____________________________________
We wanted to remind you that we have a variety of online tools available to you. If you are interesting in
using any of the below, give us a call and we will get you setup!
• Financial Synergies Client Portal provides performance information, account information, and E-
Delivery of Statements and Newsletters.
• Wealth360 is a place where you can go to look at your total financial picture, review your financial
plan, and store important documents.
• Financial Synergies Website (www.finsyn.com) has a wealth of information including our policies,
methodologies, educational videos, newsletter archive, and our blog which is published weekly.
• Weekly Newsletter which allows you to read our original content and important and relevant articles
from other major publications, such as the Wall Street Journal
3. 3
Biff Tannen and 2018
Market Predictions
...Continued on next page
I’m always fascinated by the confidence implied by the predictions I read at this time of year.
MarketWatch columnist Jeff Reeves offers 18 predictions for 2018, including a 9% increase in the S&P
500, a rebound for big oil, and a short-term “crash” in Bitcoin. Gallup News posted their predictions with
polling results. Although 79% of Americans believe 2018 will be a “troubled year with much international
discord,” 52% expect a year of economic prosperity.
CNN’s Crystal Ball proved entertaining. When asked, “What will the Dow Jones end at in 2018?” the
prognosticators had quite a range of responses. Joey Jackson, a legal analyst, confidently predicts
“28,000 (Enuf said)” while Jeff Yang, an opinion contributor, has a grimmer outlook. “Honestly, I’m just
hoping we’re all still around at the end of 2018.” How’s that for depressing?
As a Gen Xer, all these predictions remind me of Biff Tannen, the bully in the classic 1980s Back to the
Future trilogy. For anyone who hasn’t seen them, the movies chronicle the journeys of Marty McFly
(played by Michal J. Fox) as he travels through time in a DeLorean time machine created by the eccentric
Dr. Emmett Brown (Christopher Lloyd).
In Back to the Future Part II, the loathsome Biff Tannen acquires a sports almanac containing results of all
sporting events from 1950 – 2000. He travels back in time and gives the almanac to his 1955 self, who
then uses the almanac to “predict” the outcomes of sporting events for immense financial gain.
If only we had our own almanac of world events for 2018 and beyond. Making predictions about politics,
economics, technology, and the markets would be a breeze. However, unless your future self shows up in
a time machine, no such almanac exists for us today. So what should our investment approach be as we
head into 2018? Two important themes can help guide us:
BRYAN ZSCHIESCHE, CFP®, MS, MBA
SHAREHOLDER, FINANCIAL ADVISOR
It’s a brand new year, and that means champagne, Auld Lang Syne, weight loss
resolutions, and lots of predictions. I Googled “2018 predictions,” and I got 78,900,000
results in 0.49 seconds.
4. 4
1. Acknowledge that market declines are a normal part of investing, and expect them. JPMorgan’s
quarterly Guide to the Markets includes a graph which shows the annual returns of the S&P 500 along
with its corresponding decline that year. From 1980 through 2017, the S&P 500 has experienced positive
returns in 29 of 38 years. But you’ll see in the graph below that the market has experienced a decline,
represented by a red dot, at some point during each and every year. You may find it interesting that the
average decline within any given year is nearly 14%! Knowing that market declines are normal, we should
prepare ourselves for them, both psychologically and in how we design our portfolio. Don’t let downturns
surprise you. While they are unpleasant, they are to be expected.
2. Focus on what you can control. Since we cannot predict the timing, duration or depth of a stock
market decline, we should focus on what we can control. In investing, there are really only four things:
• Risk: The way we prepare for market declines is by diversifying the portfolio across lots of
investments that don’t act the same way at the same time. We create that allocation specifically to
address the risk tolerance and risk needs of each individual client. More conservative portfolios hold
more bonds. More aggressive portfolios hold more stocks. In this way, we can manage the level of
risk that we take.
• Expenses: Keeping the internal expenses of a portfolio low is a big predictor of future success. We
control these fees by using institutional mutual funds and ETFs with very low expense ratios.
• Taxes: For clients who have investments in taxable brokerage accounts, we minimize taxes by using
ETFs and mutual funds with tax management as part of their mandate. We also take advantage of
tax loss harvesting opportunities when they arise.
• Our Behavior: Most important of all, controlling our response to the news (including predictions for
2018) is the biggest determinant of investment success. If we allow our emotions to drive investment
decisions in reaction to bad news or predictions about future market movements, our well-designed
plan is for naught. As advisors, the most valuable thing we do for our clients is helping them avoid
making behavioral financial mistakes.
Focus on what you can control, be prepared for inevitable pullbacks, and keep your eye on the long term.
If you do those things, you won’t need an almanac from the future to prosper in 2018.
5. 5
Starting a new year always brings a refreshing feeling. Many of us aspire for self-improvement, whether it be
with more exercise, a better diet, or trying to worry less. I’ve often read that for consistent, long-term
success it’s best to focus on specific goals. With that in mind, I’ve put together a short financial to-do list to
help get your year off on the right foot.
January
• Review your budget and forecast for the new year: With 2017 in the books, it’s a good time to go back and review
your spending from last year. Was it in line with your initial projections? What was your average monthly
spending? Did you have any large, unexpected expenses? Do you expect any large expenses for 2018? These are
important questions to ensure you’re on track with your financial plan.
• Update your contributions: The IRS limits for 401k contributions are increasing from $18,000 to $18,500 for 2018.
Those over age 50 can contribute up to $24,500. If you’re still working and contributing to your 401k, make sure
to increase to the new maximum. If you’re not already maxing it out, consider increasing your contribution by a
few % points.
February
• Start gathering your tax documents: It’s never a bad idea to start early with preparing your tax filing. Have your
W-2, 1099s, etc. ready to pass along to your CPA. Custodians like Schwab typically send final revised 1099’s by the
middle-to-end of February.
• Consider consolidation: If you’re receiving 1099s from multiple brokerage or savings accounts, consider
consolidating them. As you probably know, we’re huge advocates of simplifying your financial life!
2018 Financial
Kickoff
March
• Make your 2017 IRA contributions: The deadline for making IRA contributions for the previous year is April 17th.
You can make annual contributions up to $5,500 to your Traditional or Roth IRAs. Those above age 50 can
contribute up to $6,500/year. Note, contributions to Roth IRAs are phased out for high income earners.
• Make your 2017 HSA contributions: If you have a high deductible health plan (HDHP) and utilize a Health Savings
Account (HSA), you have until April 17th to make your 2017 contributions. Individuals can contribute up to $3,400
on a pre-tax basis and families can put away up to $6,750. There is also an additional $1,000 catch-up for those
over age 50.
WILL GOODSON, CFP® | FINANCIAL ADVISOR
Best of luck getting your year off to a good start! Please don’t hesitate to contact us if we can help with these or any
other financial needs!
6. 6
As investors ring in the new year, some may see the occasional headline about the “January Effect,”
“January Indicator,” or “January Barometer.”
This theory suggests that the price movement of the S&P 500 during the month of January may signal
whether that index will rise or fall during the remainder of the year. In other words, if the return of the
S&P 500 in January is negative, this would supposedly foreshadow a fall for the stock market for the
remainder of the year, and vice versa if returns in January are positive.
Financial Synergies Quarterly Newsletter | Q4 2017
So have past Januarys’ S&P 500 returns been a reliable indicator for what the rest of the year has in store? If returns in
January are negative, should investors sell stocks?
Exhibit 1 shows the monthly returns of the S&P 500 Index for each January since 1926, compared to the subsequent 11-
month return (i.e., the return from February through December). A negative return in January was followed by a
positive 11-month return about 60% of the time, with an average return during those 11 months of around 7%.
As Goes January, So Goes
the Year?
MIKE MINTER, CFP®, CFS® | SHAREHOLDER, PORTFOLIO MANAGER
This data suggests
there may be an
opportunity cost
for abandoning
equity markets
after a
disappointing
January.
Take 2016, for
example: The
return of the S&P
500 during the first
two weeks of this
year was the worst
on record for that
period, at -7.93%.
Even with positive
returns toward the
end of the month,
the S&P 500
returned -4.96% in
January 2016, the
ninth-worst
January return
observed from 1926
to 2017. But a
subsequent
rebound of 18%
from February to
December resulted
in a total calendar
year return of
almost 13%.
An investor reacting to January’s performance by selling out of stocks would have missed out on the gains
experienced by investors who stuck with equities for the whole year. This is a good example of the potential negative
outcomes that can result from following investment recommendations based on an “indicator.”
CONCLUSION
Over the long term, the financial markets have rewarded investors. People expect a positive return on the capital they
supply, and historically, the equity and bond markets have provided meaningful growth of wealth. As investors
prepare for 2018 and what the year may bring, we should remember that frequent changes to an investment strategy
can hurt performance. Rather than trying to beat the market based on hunches, headlines, or indicators, investors who
remain disciplined can let markets work for them over time.