Imagine you are presented with the following opportunity: An Olympic-sized swimming pool is filled with plastic Easter eggs, around 64,000 of them. Most eggs contain nothing, but a small number (2.4%) include $100 dollar bills. If you were allowed to select 100 of...
The First Coast Wealth Blog
It’s Not the Markets That Are Volatile… It’s People
In our recent reading, we ran across some pearls of wisdom from investment manager Howard Marks of Oaktree Capital. Marks ranks right up there with Warren Buffett as a voice to heed on investment philosophy. (He’s on Forbes list of billionaires.) We thought we’d...
2023 Mid-Year Update
With the passing of the halfway point for the year, we would like to provide you with an update on the financial markets along with other notable topics we’re following. Financial Markets The S&P 500’s all-time price value (not including dividends) peaked on...
Zooming Out
If the year 2022 were a fish, we’d throw it back. Between the spike in inflation, the historic rise in interest rates, the deepening geopolitical saga in Ukraine, and the less-than-optimal performance of virtually all assets around the globe, we thought we’d take this...
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