Here you’ll find the Q2, 2021 Quarterly Report. Q2 saw a strong performance from the stock and bond market, which you can see on page 3. The report wraps up with a synopsis of a conversation about inflation from Dimensional’s founder, David Booth and famed economist, Eugene Fama. I highlighted a favorite investing quote I use often: “Control what you can control.”
When it comes to investing in the stock market, we’ll do better if we can control and manage elements of investing that we can control in the first place. We can control time in the market, cost, the investments we choose, maximizing our tax-advantages, and a very important aspect, our emotions, too. When we understand these elements of investing, we significantly set ourselves up to have a more successful portfolio. Our emotions can get the best of us when we get caught up in the day-to-day movements of the stock market. Yesterday’s huge down day was a perfect example of why not to panic – it was just a tiny speed bump on a very long road. We don’t want to overreact. When we ignore what is out of our control and we understand what we can control and how best to go about it, we’ll reward our preparedness and diligence with a portfolio built for a safe, secure and comfortable retirement.