How about a fun little game of Q&A?

I’m going to provide you with some basic data (no opinions, just facts), and then I’m going to ask you a couple questions.

The Data: Most of us have heard that the stock market has averaged about 10% returns per year for the last 100 years or so. That data point is very close to accurate, although 100 years is high, as the analytical pundits don’t really feel great about the data prior to 1926 (the computers weren’t quite as robust in 1925…). What we can say with certainty is that from 1926 – 2017 (91 years), the stock market – as defined by the S&P 500 – has returned almost exactly 10% per year.

Job Migration: Is it Because of Taxes?

Have you heard about the increasing move or “migration” of jobs and corporate headquarters to cities OTHER than New York and San Francisco? Recent reports highlight not just the move of mere jobs but also the move of the CEO and corporate HQ! Several underlying factors including taxes and home affordability are worth considering.

Nashville made a big splash in the world of investment management when Alliance Bernstein announced it was moving its corporate headquarters to Nashville from New York City!
Nashville made a big splash in the world of investment management when Alliance Bernstein announced it was moving its corporate headquarters to Nashville from New York City!

Fine Tuning

I have had clients over the years ask me if I could ever envision a scenario where I would change my tune. My tune, of course being that – over time – owning small pieces of all of the great companies of the world (aka owning stocks) gives folks a significantly greater chance of growing their wealth and also lessens the chance of them running out of money than lending to companies/governments (aka owning bonds). I cannot imagine ever changing this tune, as the evidence overwhelmingly points to this tune as being gospel.

First Aid Kit

I’m thinking it possible that you may have caught wind of a little action in the stock markets. If a financial website or network or person has gotten you feeling a bit freaked out, or if you’re feeling more stress than you’d like (and note, you shouldn’t be feeling any stress relative to your portfolio), don’t spend too much time reading the below. Instead, call me when you can, and let’s talk. Don’t ever let anything financial related fester. Let’s always nip it in the bud.