The U.S. economy continues to bounce back from the worst of the pandemic.
It is the rare individual, one who plans ahead, that has the resolve to invest additional capital when others are fearful.
Our discipline and new commitments made during last year’s drawdown were rewarded this quarter.
Good money management isn’t just finding great investment ideas, but it’s also having a thoughtful approach for when to sell.
We aren’t selling stocks today. We’re buying more–because we trust our process and the drivers behind it.
While markets may continue to climb to new heights, they do so on the shaky foundation of high operating margins and above-average P/Es. And that’s a recipe for disaster.
By avoiding these pivotal mistakes, we can make great strides in becoming good financial stewards.