You have probably seen statistics that over decades of time, the general stock market rises by an amazing percentage, but average investors experience mediocre or even poor results. Vats of ink—in the old days at least—have been invested in writing about the reasons for this anomaly. Today there is a sub-section of study called [...] The post Never fall in love with anything that cannot love you back appeared first on Stewardship Capital ..read more

DIY Anyone? Recently I wrote about investors who have an advisor obtain much better results over time than those without one. I referenced the study by Vanguard about this, but I have noticed a newer one by the Russell Investments organization today. It attempts to quantify how much value can be added by an advisor [...] The post Trust Matters appeared first on Stewardship Capital ..read more

Last week I provided a concise breakdown of the major changes to retirement account regulations brought about by the passage of the SECURE act of 2022. For more information about this new law check out my article on the topic that ran on 1/11. Today however, I wish to comment on why I have grave [...] The post Secure 2.0 Revisited appeared first on Stewardship Capital ..read more

Would you agree that most investors are glad to see 2022 in the rearview mirror? Even when one obtains better results than the market in a downtrend, the general feeling is still painful. The drop represents real dollars lost from accounts of real people, even if only for a year or two. First, let’s look [...] The post 2022 In Rearview Mirror appeared first on Stewardship Capital ..read more

As often stated, much about investing trends can be related to calendar seasons each year. By November 1, an uptrend of indeterminate length usually begins. Since this year’s market highs came on January 4, such a change in trend could not be more welcome! Today, I will focus upon where things stand, which trends are [...] The post Investing Intermission appeared first on Stewardship Capital ..read more

As any of you who have looked at your retirement accounts recently are well aware, the first half of 2022 has been very bad for market performance. In fact, 2022 is the third worst first half of any year in US stock market history. (Only 1932 and 1940 were worse) None of us like to [...] The post Down markets can provide new opportunity appeared first on Stewardship Capital ..read more

Last week we finally saw quite positive results for the major US stock indexes. Those most beaten down rose the highest: Nasdaq 100 by 7 percent, S&P 500 by 6.5 percent and the Dow Jones 30 by 6.2 percent respectively. Even the long dated Treasuries took a breather and their value rose as the 30 [...] The post Will the recent market relief continue? appeared first on Stewardship Capital ..read more

Road sign to bond market My goal today is to give you some remedies for the plummeting bond values from which most of you reading this are suffering. One oft distributed piece of radio wisdom these days is that, in retirement, it’s all about income. I respectfully disagree and contend that it should [...] The post Bearing with Bonds appeared first on Stewardship Capital ..read more

I am thinking of the pop song, How do you know if he really loves you? Whitney Houston made this a giant hit a couple of decades ago. But in this column, I am discussing how can one know if this new bull market is the real deal and will have some staying power. I [...] The post How Do You Know? appeared first on Stewardship Capital ..read more

If you’re reading this column there is a good chance you’re hoping I have an answer to the question everyone is asking right now. What is going on! I will do my best do provide some context to recent market volatility. In the mid-2000’s, the Federal Reserve Bank (Fed) was cooperating with the federal government [...] The post What’s Going On? appeared first on Stewardship Capital ..read more