Every day fresh produce moves from the fields to the trucks to the grocery stores and eventually on to our kitchen counters, and no one in that supply chain wants to select or purchase something that is about to go bad.
It depends on your risk tolerance and the time you have to allow an investment that drops in value to recover.
Higher education, health care, and childcare are all eating more than their share of our wallets.
Part of our job as financial planners and investment managers is to take the vast amounts of financial information and identify the specific signals out of the noise that matter to each client.
The financial headlines for stocks in 2009 were littered with exclamations that it had been a lost decade and yet the following 10 years more than made up for the losses. Today, those same media outlets are talking about a lost decade for bonds, and at DLK we will be running our quality investment processes week in and week out selecting the appropriate bonds for our clients.
How are you supposed to have any cash when everyone’s portfolios are off 10 to 20%?
When Does a Bond Not Act Like a Bond? When it is in a Bond Fund.
The most important take-away is still have some income to counteract the impact of a large drop in the stock market in the first few years.
As a grim anniversary loomed, we started looking at the time period through the lens of our investment management discipline.
Like the law of gravity, large numbers and their averages or "means" pull with great force.
