I’ve been screaming it from the rooftops and trying to get the word out. If you’re a financial adviser, you’re under attack! And Fidelity just declared war
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Just a quick reminder, you can’t control the “returns” that you earn on your money. But you can control the “risk” that you take with your money.
And “risk” and “return” are highly correlated.
So, if it has been awhile since you reviewed the amount . . .
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It appears that the economy is stuck in neutral but the stock market is continuing to go up (for now). In fact, all of the losses of the S&P 500 have been eliminated for the year. The month of July was a good month for the S&P 500 stock index. The stock market has continued it's upward momentum that started on March 24th. Even though almost all of the "economic" conditions are deteriorating or looking awful.
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I have made this drive no less than 40 times over the past eight years. I know the routes. I know how to time my trip to get me through the traffic “hot spots” at the right times. I know what hotels to stay at and which truck stops have the best coffee and the cleanest bathrooms (which is really important on a road trip)!
HOWEVER, I use the GPS/MapA feature on my phone every time!
Why?
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Every time I look at my full dishwasher, I am grateful!
I am grateful because I grew up in Chicago in a lower-middle class, “blue collar” hard-working household. Our adoption of new “technology” was slow due to limited funds. We were one of the last families
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