I was talking with a client recently. She was expressing some concern for her investment accounts based on a recent article she read in the New York Times. We talked through some scenarios with regards to how this might affect her investments and long term plans. Although we walked away with the realization that there were not any major changes to her investment plan needed, we did realize something else. Volatility is back.
(Or: You ARE a unique Financial Planning Snowflake)
Our daughters Quinn and Rowan are in many ways polar opposites. Quinn frequently takes 30 minutes or more to wake up in the morning, and all she wants to do is snuggle. Rowan just as frequently wakes up smiling and laughing. Rowan has light-colored and textured hair. Quinn was born with a full head of dark hair. The list of differences goes on. The fact that my daughters are so different frequently fills me with wonder and amazement. And I can’t wait to see what unfolds for them in the future.
Our daughter Quinn was born with a full head of luxurious, dark hair. Unlike most infants, hers never fell out. Over the years, we let it grow. Everyone complimented her on her long hair.
Last month we cut it all off.
Many investors quiver with fear over a bear market. This is like being afraid of high tide at the beach. Like high tide, bear markets are a natural part of the investing rhythm, so you should get used to them.
October takes on a different twist with two young children. We spend most of our time discussing the merits of Halloween costumes: Princess, Lady Bug, or Butterfly, oh my!
Life is never boring in the McCann household.
This quarter, I thought I would share an equally exciting topic. My most common piece of advice…
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