By Jay Pluimer, AIF® CIMA®
Monday, 26 March 2018
An important aspect of the Flourish investment philosophy is to help our clients find the right portfolio for them. We use a variety of tools to help clients identify their risk tolerance, then match that up with their long-term financial goals to build a customized investment solution.
The following article by Dave Goetsch, Executive Producer of “The Big Bang Theory”, provides helpful perspective about the importance of staying focused on long-term goals instead of reacting to short-term market movements. This is an important concept to connect with because big market changes can affect us emotionally and psychologically. Mr. Goetsch does a nice job of summarizing his connection with market performance without using investment jargon.
By Jay Pluimer, AIF® CIMA®
Tuesday, 06 February 2018
If we’ve been doing our job as your fiduciary advisor, you might already be able to guess what our take is on current market news:
Unless your personal goals have changed, stay the course according to your personal plan.
Still, it never hurts to repeat this steadfast advice during periodic market downturns. We understand that thinking about scary markets isn’t the same as experiencing them. For context, US stocks haven’t seen a one-day pullback of 5% since June 2006, when the S&P 500 Index was at 1,260 compared to its February 2018 level of 2,800. It’s also important to note that US equities are down 1% for 2018 despite the losses over the past couple of days and have risen 17% from a year ago.
So, what’s going on? Why did U.S. stock prices suddenly drop after over 13 consecutive months of positive returns, with no obvious calamity to have set off the alarms?
By Jay Pluimer, AIF® CIMA®
Monday, 11 December 2017
Flourish Wealth Management takes a proactive approach to investing that looks at historical performance information to understand the most effective ways to help our clients achieve their long-term investment goals. We look at years of academic research which are summarized nicely in the following article. This is an important topic because our investment process is truly integrated with our wealth management services to emphasize portfolio return consistency, lower costs, and improved tax efficiency through long-term decisions. We avoid investing in the market sector of the moment or the investment that is a “hot pick” in favor of evidence-based investing. Hopefully, you enjoy some of the market insights in the following article!
By Kathy Longo, CFP®, CAP®, CDFA
Wednesday, 20 September 2017
This article from Dimensional Fund Advisors explores an old adage about whether or not monkeys throwing darts at a stock chart can really build a portfolio with higher returns than the average active money manager. According to this article, the answer is mixed. It really depends on the chart being used by the monkeys for target practice. Additionally, the sustainability of the monkey’s portfolio is largely dependent on patience, prudence and a deep understanding of underlying expenses. It certainly gives pause for thought. We hope you enjoy!
Thursday, 19 January 2017
A balanced portfolio is always a good idea--and now, more than ever
Keeping a portfolio balanced in accordance with your long-term investment plan is never a bad idea, but as we sit at nominal market highs and approach a changing of the guard in Washington, continued political uncertainty abroad, and other risks, we believe it makes all the more sense.
