Weekend Review

Weekend Review August 2, 2020

Tweets of The Week

Favorite Articles

  • Morgan Housel: The Ugly Scramble“To the patient investor with a ton of cash, a huge market decline requires no immediate action. And not because it doesn’t affect them – it often does – but because however it affects them can be dealt with slowly and methodically. Maybe they realize they want a more conservative allocation. They can come to that conclusion after thinking it through, hearing opposing views, weighing alternatives, and calmly executing at the right time. Doing so may lead them to a different choice than their initial gut reaction. Taking time to understand a complicated problem often does.
  • Berber Jin: Rich clients will be fine if Biden hikes taxes, UBS says“From 1926 to 2018, the stock market has performed best under a Democratic president and a divided Congress, with an annualized return of 16.9%, UBS strategists including Justin Waring said in a July 27 blog post. Still, they cautioned about reading too much into that statistic. “In all likelihood, there are explanations beyond politics for these apparent patterns,” they wrote. “The jury is still out with regard to the extent to which politics affects market returns.”

RLS Weekend Review

Each week my colleague, Justin Castelli, breaks down the headlines that may be impacting your financial plan. Here is his last weeks weekend review.

Workout of the Week

-Barbell Bench Press
-Sit down tricep push down machine
20, 16, 12, 10
-Incline DB Press Negatives
-Straight Bar Bicep Curls
12, 12, 10, 10
-Machine Fly
-Machine Flat Chest Press
15, 15, 12, 12
-Machine Bicep Curls
20, 20, 16, 16

Disclaimer: Nothing on this blog should be considered advice, or recommendations. If you have questions pertaining to your individual situation you should consult your financial advisor. For all of the disclaimers, please see my disclaimers page.