Is Now the Time for Small Caps?
Many strategists have predicted small-cap stocks would be top performers in 2024 after seven straight years of underperforming large caps. However, as of the end of second quarter of 2024, the momentum in small caps has yet to fully materialize, with the S&P 500 up 14.8% year-to-date, while the Russell 2000 (a proxy for small-cap stocks) index has gained a modest 1.0%.
The Power of Patience in Long-Term Investing
As a financial advisor, one of the most common concerns I hear from clients is the fear of market volatility and potential losses. It’s a valid concern, especially when headlines often highlight the latest market downturns. However, one of the most powerful concepts in investing is the importance of the time horizon.
Debt: An Obstacle to Achieving Financial Freedom
Financial freedom is a goal many of us strive for, but debt often stands in the way. Morgan Housel, in his blog post "How I Think About Debt," provides an interesting perspective on how debt impacts personal and financial resilience.