To My Readers,
The media does not report plane landings, only plane crashes. Keep that in mind when consuming the news, regardless of your preferred media source. Sensationalism sells, not moderation or calm common sense. It drives clicks and attention but is really helping YOU? Retirements and sound financial plans are not built on headlines or sensationalism. They are built on strong foundations that can weather the storms of market cycles.
Are your foundations strong? Do you need help strengthening them?
Sid Misra, CFP®
Beacon Financial Group
LPL Financial had an amazing conference in Denver, CO in July!
It was great to meet so many LinkedIn connections in real life and learn from their experiences as financial advisors. The resources and education LPL provided were second to none and I can't wait to implement what I learned so I can bring more value to my clients!
My Takeaways from LPL's Focus 2022 Conference
Do you need a second opinion on a financial decision? We are here to help!
We would be happy to discuss any financial decisions you are having trouble making.
Making a major purchase?
- How much can you afford?
- What are the additional costs?
- Do you plan on financing?
Considering a job change?
- Is it really worth it?
- How do the benefits stack up to what I currently have?
- How does this affect my financial plan?
These are some of the important questions that we can help you answer.
If you are making a financial decision and want someone to discuss it with, please feel free to reach out to us.
Buy The Haystack
In Geoffrey West's book "Scale" he found the following: Of the (500) S&P 500 companies in 1955, only 61 were on the list in 2014. The odds of those detail were broken down to the following: - 12% of those companies survived - 88% either went bankrupt, merged, or were booted off the list due to underperformance
Finding a needle in the haystack is hard work and stressful. Why not look to buy the whole haystack?
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.