It’s Always a Good Time to Talk About Risk and Volatility


 
In the 68 trading days in the U.S. stock market from 11/11/16 to 2/17/17, the Dow Jones Industrial Average (DJIA) set new all-time high records on 26 of those days. In the last seven consecutive days over the same period, the Dow closed at a new record every day. Continue reading

Why Uncertainty Might Just Be an Investor’s Best Friend

This blog is from the March issue of Portfolio Perspectives.
 
With many stock market indices at all-time highs, Washington awash in political turmoil and unsettling news around the globe, many investors may be unsure what to do next.
 
And we believe that is a good thing.
 
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Financial Risk through a Wide-Angle Lens

This blog is from the January issue of Portfolio Perspectives.
 
The world is risky. The future is uncertain. And many of the decisions we make can have a profound impact on our future welfare. This is where financial advisors can add value by helping their clients navigate an inherently risky world. Risk cannot be eliminated, but it can be managed. Continue reading

Great “Client” Expectations

Guest author Michael Noland is a financial advisor and managing partner with Integrated Financial in Tulsa, Oklahoma.
 
One of the things I tell my clients is that if I’m doing my job as their advisor, they will be mad at me fairly often. This definitely gets their attention and then gives me an opportunity to have an important conversation about expectations.
 
To some extent, we probably all grapple with best practices for keeping clients happy as well as on track. Clients might call you about a hot stock tip their neighbor told them about, or they may feel strongly about being in a concentrated position but are lukewarm on the idea of a truly diversified portfolio. I like to tell my new clients, “If I told you I had a system that figured out how to time the market, you should run the other way immediately. (And I wouldn’t be working for a living if I actually could.)” Continue reading

There is Always a Reason to Sell…Unless You Want to Achieve Your Goals

blog_360_williamThis article is featured in the fall edition of our 360 Insights Quarterly Client Newsletter.
 
The problem with good advice is that it tends to be boring, especially when it comes to your portfolio.
 
This is a good thing.
 
For investors, excitement can be your worst enemy. Excitement generates headlines; it causes people to be greedy or fearful; it drives volatility and speculation — all resulting in too many people compromising their financial futures. Continue reading

Invest for the Long Term

Driving on an empty road towards the setting sunThis article is featured in the fall edition of our 360 Insights Quarterly Client Newsletter.
 
This is the last article of a four-part series to help you understand our investment approach — and why it matters to you.

 
Long-term perspective, discipline and patience are the most important ingredients of portfolio success. But emotional, short-term behaviors like panic selling at lows and elated buying at highs can have detrimental long-term consequences, including dramatic portfolio underperformance.
 
Consider the daily returns of the Dow Jones Industrial Average (DJIA) from 1991 to 2015. A $1,000 investment over that period would grow, assuming dividend reinvestment, to $12,016. But if you were out of the market on the 10 best days, your $1,000 investment would have grown to just $6,141. This illustrates the value of staying in the markets for the long run rather than jumping in and out of the market.
 
Continue reading