In this quarter’s video, Mike Brady—founder of Generosity Wealth Management and the Generosity Group—steps away from the noise and into the quiet of Wyoming to share something deeper than market headlines. Drawing from 34 years and over 15,000 trading days of experience, Mike offers timely insights on what it takes to succeed in today’s financial world: humility, emotional discipline, objectivity, and a clear sense of purpose.
Whether you’re new to working with us or have been with us for years, this update is a reminder that true financial success isn’t about predicting the market—it’s about preparing for what matters most to you.
Watch the video now to hear Mike’s reflections and the mindset that continues to guide our clients through uncertainty, opportunity, and lasting legacy.
Transcript
Hello, I’m Mike Brady with Generosity Wealth Management, a comprehensive, full-service financial services firm headquartered in Boulder, Colorado, though I’m recording this from my place in Wyoming. I believe strongly in stepping out of your routine to think and brainstorm, and being up here in Wyoming gives me plenty of opportunity for that. This is the year-to-date video for the end of the second quarter.
First, I’d like to extend a warm welcome to all our new clients who’ve joined us in the last two or three months. I recently integrated another professional’s clients into my business and have enjoyed meeting many of you. You’re the kind of clients I love working with, and I’m thrilled to have you on board. Generosity Wealth Management is growing, and I’m excited about the future. I’ve been in this industry for 34 years, with Generosity Wealth Management established for 18 of those, and we’re building a legacy that will outlast me and others. We’re always looking for new clients, so if you’ve had a positive experience with us, please consider referring others who might benefit from our services, especially business owners looking to sell their business in the next three to five years. That’s my specialty—helping maximize value and manage the impact on personal wealth.
You can learn more about our work at generosity-group.com, the company I founded to align wealth with purpose and possibility. We do this through three key areas: Generosity Wealth Management, offering comprehensive financial services; Generosity Estate Planning, ensuring dignity and control over your assets and medical decisions during your lifetime and beyond; and Generosity Business Exit Planning, tailored for business owners preparing for a sale. Please visit the website to explore these services further. Additionally, I’m part of Ed Slott’s Elite Advisors Group because, outside of your home, your retirement account is often your biggest asset, and taxes are typically your largest expense. Being an expert in both is critical to serving you effectively.
Now, let’s reflect on the last quarter and year-to-date lessons. If you’re looking for a highly technical market analysis, this isn’t the place—you can find that on CNBC, Fox Business News, or other financial websites. My focus here is on the broader lessons. The first is humility. No one can predict the future with certainty. Three months ago, many were confident in their forecasts, yet April was a tough month, followed by a recovery in June that few anticipated. Over my 34 years and 15,000 trading days since 1991, I’ve learned the market always surprises. History may not repeat, but it rhymes, and humility is essential when approaching an inherently uncertain future.
Another key lesson is objectivity. Personal biases—whether political or otherwise—can cloud your judgment. If you lean strongly one way politically, you might gravitate toward news or people that reinforce your views, leading to confirmation bias. I proactively avoid this by seeking diverse perspectives, as I shared in last month’s newsletter with resources like allsides.com and groundnews.com. These platforms present the same story from left, right, and center viewpoints, helping me form my own conclusions.
Discipline and emotional control are also critical. Every year brings trepidation—whether it’s a politician you dislike, a global conflict, market fads, or significant declines. Volatility is normal; most years see at least a 10% drop in unmanaged stock market indexes. My videos consistently highlight that three out of four years are positive, but declines are part of the journey. Emotional discipline ensures a more enjoyable financial path. Money is meant to help you relax and achieve your goals, so your investments must align with your time horizon. Funds needed in the next month or two shouldn’t be in the market, while those for five, ten, or twenty years can weather volatility. Knowing your personal goals and maintaining discipline is key.
We could dive into tactical details about the past or upcoming quarters, but without the foundation of discipline, emotional control, and a clear time horizon, those details are secondary. Focus on the right questions to maximize your chances of achieving your goals.
That’s it for this quarter. I’ll be back with another video next month. If you have questions or concerns, reach out to me at 303-747-6455 or via email, which is displayed on the screen. I hope you’re having a wonderful summer. Bye-bye.