top of page

MPowered Finance Newsletter: May 2023

To My Readers,

Since 1950, the stock market has declined 10% or more, 37 times. Every time that happens, it feels like it could be the big one! The one we don’t recover from!

But, every time that has happened the market has recovered and grown.

As famed financial advisor Nick Murray says, “The four most dangerous words an investor can say to themselves are:

‘This time is different.’”

Most investors and people have short-term memories, and the media plays a big part in this. Every time a big market decline happens, the news media exclaims, “There is no end in sight!“Are we doomed?”

They generate attention-grabbing headlines to garner more clicks and views with no regard for the actual reality of the situation.

Here is your reminder that long-term, goal-focused investors are not phased by short-term market declines or what the media says.

They understand that this is all just part of the normal market cycle and that their investing plan shouldn’t change because of short-term volatility or what they see/hear in the news.

Thank you, 

Sid Misra, CFP® Beacon Financial Group


Have questions about your finances? Let me know!

I'm happy to have a quick conversation to address any questions/concerns you may have and to see if we would be a good fit to work together


Check out some of my new videos on YouTube!


College Madness

Here's the cost of one year's tuition at the schools that made it to the Elite 8 round in the Men's NCAA Tournament:

Gonzaga -$48,470

UConn - $41,192 (out-of-state cost)

Miami - $37,379 (out-of-state cost)

Texas - $38,650 (out-of-state cost)

Florida Atlantic - $17,324 (out-of-state cost)

Kansas State - $26,491 (out-of-state cost)

Creighton - $44,524

San Diego St - $20,016 (out-of-state cost)

How are you planning for these costs + rising inflation?

We can help!

Please reach out with any questions on how to plan for college costs.


The opinions voiced in this material are for general information only and are not intended to provide specific advice financial or tax recommendations for any individual.

All performance referenced is historical and is no guarantee of future results.

All indices are unmanaged and may not be invested into directly.


bottom of page