The Market- we highly suggest you read the 1884 Blog. It's our take on the market, volatility, and the coronavirus published for our clients. Talking to us can be a big help when it comes time to dealing with market volatility.
And, I personally recommend taking a break from the day-to-day news and social media feeds.
The Money Swing
Most Financial Planning sites show how the market is doing that minute. Or talk all about some new product that will make or break you. Some give a market commentary about the direction of the market. Some walk you through opening an online account with them. Others will tell you all about what the price of oil will be next year. Or what taxes will be next year or even 30 years from now.
If you are looking for these “useful” tidbits, then we are definitely not the Advisor for you. Most financial advice espoused today shares “knowledge” of future things that are not knowable, like market returns or the future of tax law. It’s time to learn something more. No one thinks outside of the box. We are in the business of helping clients build bigger boxes.
In a world selling financial golf clubs, we teach the money swing.
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John P. Clark, CFP® is the creator of Essentialist Investing™ & Essentialist Planning ™.
"Nowadays people know the price of everything & the value of nothing."
- Oscar Wilde