from the Desk of Brian Bickett, CFP®
The weekly notable finance article provides three examples of assets (Bitcoin, S&P 500 and Gold) and how the time period used for calculating investment returns can drastically affect the returns reported. It demonstrates why it is so important to use the same reporting period when comparing asset returns.
The article also points out that while diversification across asset classes (2019 Callan Periodic Table of Returns) is becoming more and more generally accepted, methodically investing (or selling) over time provides diversification of time to help ensure that you don’t put all your money to work (or take it out) at the worst possible time.
Enjoy the ride of YOUR life!
Find Your Financial Roadmap.
Brian can help you develop a roadmap to get you from where you are to where you want to go — and then put it in action, making your money work for you to avoid behavioral mistakes.
An interesting article how historical investment performance varies drastically dependent on the time period you look at and the inability of anyone to reliably predict short term performance. From the article, “I can’t predict my own mood tomorrow morning, let alone the collective mood of millions of market participants.”
An unsuspecting North Carolina rider got caught in a storm and lost his battle against Mother Nature. I cannot count how many thunderstorms I’ve been caught in.
Celebrating my and my father’s Fathers Day…
Additional Articles You May Find Interesting
Article written by Brian Bickett You and I both know that South Dakota was ranked the best state for retirement in Bankrate’s 2018 “Best and worst states for retirement” study which is summarized here. The study ranked South Dakota #1 overall based on rankings...read more
Summary of the 2019 Social Security Trustees' Report Article written by Brian Bickett Earlier than in the past, the Social Security Board of Trustees released their annual report at the end of April this year. The report for 2018 spans 270 pages that go...read more
Article written by Brian Bickett Do I have enough life insurance? It’s a simple question with a simple answer. However getting from the question to the answer requires a bit of exploration. And that exploration always begins with “Can you tell me why...read more
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