Market Review This last quarter took a bit of the fun out of the year we were having so far. Markets were down across all asset classes. U.S. stocks were off -3.25%, Real Estate’s quarter drop pulled its year-to-date return into negative territory, and Bonds were down similar to stocks at -3.23%. Do we like…
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Writings
Here’s Where to Put Your Money to Maximize Retirement Savings
In grade school math class we were taught PEMDAS (or Please Excuse My Dear Aunt Sally) as the order of operations on how to attack a math problem. By handling the parenthesis’ and exponents first, you could then tackle multiplication/division and then do any adding and subtracting. Voila! Right answer. By following a process you…
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Land Cruisers, Status, and the American Dream
Toyota Land Cruisers. I first came about these cars while reading a thriller series written by a former Navy Seal, Jack Carr. The main protagonist drives a 62 series Land Cruiser for durability and reliability. Turns out the United Nations believes Land Cruisers are incredibly functional, too, as they are the vehicle of choice for…
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2Q 2023 Market Overview
Market Review Very quietly markets have punched another robust quarter. U.S. stocks lead the charge (up 8.4%) resulting in year-to-date returns over 16%. Developed foreign and emerging markets were 2.7% and 1.6%, respectively for the quarter. Bonds were slightly negative. Market volatility went down and hit the lowest level in June. Remember the regional banking…
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How to Value Michael Jordan
A few years ago ESPN ran a documentary on Michael Jordan called “The Last Dance.” Being born in the early 90’s, I have vague memories of Michael Jordan. This documentary fit a lot of pieces together of Jordan’s past that I had never put together myself. It left me even further respecting Jordan’s game and…
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1Q 2023 Market Overview
Market Review Trust and confidence. That’s what financial markets boil down to. Rising trust leads to rising stock prices. Lack of trust….look out below! In March, we saw the evaporation of that confidence and the subsequent run on Silicon Valley Bank and First Republic. I won’t expound on all the details as you’ve probably read…
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