“A penny saved is a penny earned”
– Benjamin Franklin
When looking at your portfolio and investments it is up to you to decide when you’d like to be happy- in the short-term or the long-term. In this video we’ll take a look at a chart highlighting time, diversification and the volatility of returns. Spoiler alert: there is no right answer. But if you connect with me directly, I can help you identify what situation you’re most comfortable with and that would provide you with the best returns. Simply email me at mike@generositywealth.com to start the conversation.
Here is my video discussing long-term versus short-term investment and their happiness potential:
“Happy Families are all alike; every unhappy family is unhappy in its own way”
– Leo Tolstoy in Anna Karenina
There is plenty to be happy about this year, as almost across the board the unmanaged stock and bond market indexes were up. International markets as well.
I get asked all the time “when is the market going to crash?” and “how bad will it be?”. They’re the wrong question.
And I use an analogy of a marriage and disagreements to make my point.
Below is my end of the year video, where I outline my thoughts on 2017, and also what current conditions might mean for 2018.
I highly recommend you watch it, and if you have any questions, please don’t hesitate to give me a call. I’m here to help and serve.
The 3rd quarter of 2017 is over, and it was another good one.
Practically every non-managed stock market index was up, in almost every sector. The markets perform in one of three ways — up, down, and sideways. After a few years of a sideways market, since the election we’ve seen a fairly steady and consistent up market, reaching new highs almost daily.
In my video, I address the need to ignore negative naysayers, as there are always doomsday prophesiers willing to say “it’s at all time highs, this is why it will crash.”
Ups and downs are normal, but the successful people are those that have a plan and stick with it.
The first quarter was a great reaffirmation that diversification can be your friend. US Large company indexes lagged, but middle and small companies did better. US Bonds did well (in general), as did international stocks.
While diversification does not guarantee a positive return in a generally declining market, my experience is that it does tend to “buffer” some of the returns so you can stay with the plan that works for you.
In my video, I review the past quarter and continue my theme about what I’m watching to come to a “health” conclusion on the markets. Okay, I’m still bullish, but why you may ask? Click on the video for my thoughts and analysis.
There are few things as sweet as your first mention in the Wall Street Journal. March 10th was the day Mike Brady arrived in print!
Since I was written up in the TheSuit Magazine, I’ve had a number of requests for interviews, expert quotes, and general articles about how I interact with clients.
I provide distinction from others in my field in the relationships I build and how I focus on the “why”, vision, and goals. Activating your creative “right brain” is just as important as the logical “left brain”. I’ve been interviewed on this recently for a technical journal, and will share it with you once available.
Anyway, if you want to see your advisor/friend in the Wall Street Journal, I’m just a click away!
