Stock Market

Have you been reading the daily headlines — watching markets stall, recover, and dip once again? If so, you may be wondering whether there’s anything you can do to avoid the motion sickness.

Today, in a whole new year, let’s talk about parts versus wholes. The theme is hardly new, but it bears repeating, lest we forget how essential they both are — to each other, to us, and to our financial well-being.

“The American marketplace is an economic jungle. As in all jungles, you easily can be destroyed if you don’t know the rules of survival… but you also can come through in fine shape and you can even flourish in the jungle — if you learn the rules, adapt them for your own use, and heed them.” — Sylvia Porter

We’ve learned a lot about investing over the past 60 years, a period that has seen many breakthroughs in the world of finance. What we know comes from studying public markets and is grounded in serious academic research. The lessons are clear: Investing in markets is an excellent plan for meeting long-term goals, like maximizing your retirement income.

Sixty years after imagining the project, and after both had passed away, why did the famed artist couple Christo and Jeanne-Claude wrap L’Arc de Triomphe in Paris in silvery-blue fabric and red rope (which became an especially ethereal nighttime display)? 

AMC and GameStop are priced squarely in the large cap growth space and yet represented nearly 1.5% of the Russell 2000 Value Index as of May 31. On the scale of size discrepancies, this is akin to 7-foot-6-inch former NBA star Yao Ming visiting a kindergarten class.

“You can’t invest without trading, but you can trade without investing.… [T]hinking you’re investing when all you’re doing is trading is like trying to run a marathon by doing 26 one-mile sprints right after the other.” — Jason Zweig

Welcome to the next installment in our series of Desmond Wealth Management’s Evidence-Based Investment Insights: Financial Gurus and Other Unicorns.

Welcome to the next installment in our series of Desmond Wealth Management’s Evidence-Based Investment Insights: Ignoring the Siren Song of Daily Market Pricing.

Welcome to the first installment in our series of Desmond Wealth Management’s Evidence-Based Investment Insights: You, the Market and the Prices You Pay.