Driving a Minivan on the Autobahn
The minivan is your financial plan and investment portfolio. The investment market turmoil of 2022 is akin to the flight delays, hindering you from reaching your destination as quickly as you may have hoped. Inflationary pressures, Federal Reserve monetary policy, a looming recession risk, and geopolitical instability are akin to the bad weather all around. And those cars racing past you? Those cars are the S&P 500 and Nasdaq 100 indexes. More specifically, those cars are what have been dubbed the “Magnificent 7 stocks”, or “Mag7” for short.
(Re)Learning How to Fall
We all have a lesson to re-learn. Once upon a time we all learned and remembered how falling was going to be part of the journey. It was the only way to get there, wherever “there” was. Then we forgot. As we reflect on the past year, and peer into what the year ahead may hold, so many are lamenting the state of investment markets.