Markets can be volatile. Consider what happened in March 2020 over the global coronavirus outbreak. It only took 22 trading days for the S&P 500 to fall 30% from its February record high.1 This downturn was the fastest decline in market history. Often, we have found that these declines will naturally reverse course and, generally,…
At the beginning of 2020 with the coronavirus pandemic essentially shutting down the economy, the stock market experienced extreme volatility. In March, the S&P 500 Index had two of its worst days since 2008 but was quickly followed by its best day since 2008. What should long-term investors do in times like these? The key…
Moving into a new home takes a tremendous amount of time, energy and, if done right, planning. I can speak firsthand to this as I recently moved from the east coast to the west coast within the last month. Baltimore, Maryland to San Jose, California to be exact. This wasn’t my first out-of-state move but…
Mathematics is certainly not for everyone. But there is one mathematical rule that is easy to understand no matter what your professional specialty is and that is the Rule of 72. The Rule of 72 is a simplified way to determine how many years it will take your money to double in value based on…
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