• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

BRIO Financial Planning

Fee-Only Financial Planning Services in Quincy, MA

  • Home
  • About
    • About Michelle
    • About You
    • Our Services
    • Our Pledge to Clients
  • Financial Planning
  • Investment Advice
    • Why Dimensional Funds?
    • Functional Asset Allocation
  • Taxes
  • Blog
  • Contact Us

January 11, 2019 by Michelle Morris

It was the best of times, it was the worst of times… especially in the stock market

It was the best of times, it was the worst of times. So begins the Charles Dickens classic “A Tale of Two Cities“. Which by the way I haven’t read. Have you?

Recently we’ve seen some good times and bad times in the stock market.

On Thursday, January 3rd, 2019 the S&P 500 (an index of the 500 largest US stocks) was down 2.48%

On Friday the front page headline in the Wall Street Journal read:


Then the very next day, Friday January 4th, the same index was up 3.43%

Saturday’s headline read:

So what can we expect over the next days/weeks/months?

Will the markets be up, down, or sideways?

Many prognosticators purport to have a crystal ball that can predict short term gyrations in the market. I don’t.

What I do know is that missing even a handful of the best days in the stock market can markedly reduce your portfolio’s performance over time.

When do the best of times happen in the stock market?

Historically, a lot of them occur in the midst of the worst of times.

In the words of my wonderful CFP® instructor Alan Ioffredo:

“Volatility, while uncomfortable, isn’t loss; it’s merely the toll exacted on the road to financial independence.”

Pay the toll. Stay the course.

Topics: Filed Under: Investing, News

Previous Post: « The Power of 1% – Small Changes Produce Big Results Over Time
Next Post: Gift Taxes – the short and long of it. »

Primary Sidebar

Sign Up for the BRIO Email Newsletter!

Sign up for my monthly newsletter “Allegro con brio” and get a FREE copy of my report: “8 Ways for the Single Woman to Guarantee She Will Never be Financially Independent”.

  • This field is for validation purposes and should be left unchanged.

From The Blog

  • Capture Those Dollars!
  • Good News for Savers in 2023
  • How Will You Pay Your Taxes in Retirement?
  • Four Years Later – Micro Investing with Acorns

Footer

From the Blog

  • Capture Those Dollars!
  • Good News for Savers in 2023
  • How Will You Pay Your Taxes in Retirement?

Important Legal Information

Investment advisory products and services are offered through advisory representatives of BRIO Financial Planning, an investment advisor registered with the Commonwealth of Massachusetts.

Disclosures and Other Legal Terms

Contact Us

Michelle Morris, CFP® EA
BRIO Financial Planning
1073 Hancock St. #101
Quincy, MA 02169

michelle@briofp.com
617-934-0419 (phone)
617-934-1933 (fax)

  • Email
  • Facebook
  • LinkedIn
  • Phone
  • Twitter

Copyright © 2023 · BRIO Financial Planning · All Rights Reserved.