Q2, 2022 Quarterly Report

Here you will find a PDF of the Q2, 2022 Quarterly Report. On page 3 you can see that stocks and bonds suffered mightily in Q2, and I know this is tough to see, but this is just a temporary snapshot of market activity.  So, let’s compare this snapshot to what we see on page 4.  Remember losses are temporary, gains are permanent. The 1 Year numbers look bad, but, if we are investing for retirement and, more specifically owning stocks, we must have a long-term outlook. 5 and 10 Years isn’t that long for retirement planning purposes, but it’s great to see stock and bond ownership over 5 and 10 years is all green arrows. As investors we should take a lot of comfort in that. Times are tough right now, but when it comes to stock market investing we know two truths: we will hit a bottom and we will make new highs again.  We just don’t know when. And that is how we build wealth for retirement: owning stocks and bonds for the long haul.  When we do, we get the bad with the good, but we ultimately get far more good than bad.  Bad is temporary; good is permanent. I want to turn your attention to this article on page 16 written by Marlena Lee from Dimensional, and I highlighted a key sentence from her: “Reacting to down markets is a good way to derail progress made toward reaching your financial goals.” Down markets are not reasons to sell, down markets are not reasons to move to cash. Rather, down markets are great buying opportunities to buy into great companies while they’re on sale.  If you’ve been through some down markets before, do you look back and say, “ohhh, I wish I woulda bought back then?” If you can support owing stocks – and remember stocks are a long-term investment only – then the graph here shows you there have always been up and down gyrations to the stock market, but there’s only one true direction…and it is up! So consider down markets great opportunities to go back in time and to buy those stocks at lower prices, and you can see from the graph those lower prices will presents themselves (and they’re doing it right now, too), but they won’t last forever. If you need some investment guidance, reach out to me through my contact page.