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.
Sid Misra, CFP® Beacon Financial Group
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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:
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.