Hopefully everyone had a safe, happy Fourth of July weekend! Down here at the Jersey Shore, it was definitely a bad weekend to be a hot dog or a hamburger and the traffic was REAL. Back to reality though, so let’s dive in!
Here’s what I’ve been reading this morning:
‘Communicating With Your Investment Advisor’ – Mullooly Asset Podcast
- In this week’s podcast, Tom and Casey discuss how crucial communication is for the investment advisor-client relationship. We take a different investment approach when money is needed in the short-term vs. growing it over the long-term.
‘The Worst 6 Months Ever For Financial Markets’ – Ben Carlson – A Wealth of Common Sense
- If you’ve made it through the first six months of 2022 without making any rash, emotional decisions with your money, I applaud you! It’s not easy out there. Ben writes about just how bad the first half of this year has been.
‘In Defense of Dollar Cost Averaging’ – Nick Maggiulli – Of Dollars and Data
- Nick recently released a book called “Just Keep Buying”. In theory, dollar cost averaging your investments seems easy to do, but Nick writes about how it’s much more difficult in the real world. Dollar cost averaging becomes much more difficult in bear markets, likely when you need it the most.
‘The Mushy Middle’ – Josh Brown – The Reformed Broker
- The initial shock and headline grabbing news of a “BEAR MARKET” has worn off. We’re in the “mushy middle” part of the bear market now where things get tough. It gets easier and easier to make poor decisions, and Josh writes about navigating this time.