The holiday season is fast approaching. Thanksgiving is Jean’s favorite holiday. Mine too. I get to have a great home cooked fresh turkey, eat more than I ever should and watch the Detroit Lions lose another football game. (I grew up in Michigan and went to many of the Thanksgiving Day games.)
Thanksgiving also comes very late in November this year and, by the time the holiday weekend is over, we will be in December and on toward Christmas. While the end-of-year is certainly a joyous time, all to soon, January and the credit card invoices put a damper on all of our New Year’s resolutions.
So, after another record setting week in the US equity markets, I saw the attached article and thought it would be a change of pace and offer helpful hints about holiday spending and how it can quickly get out of hand. As far as our investment portfolios are concerned, I have no idea how long this is going to last. At the beginning of this year, several talking heads were predicting the Dow Jones Industrial average would be at 30,000. That doesn’t seem to far of a reach now.
So, we stay the course, investing in large companies paying a good and rising dividend with stock buyback programs and solid management. Add to that, the options overlay that can potentially generate +/- 7% extra cash flow and we will continue to enjoy what historically has been market returns that consistently outperform inflation by a wide margin. Please remember investing in equities has risk and past performance is no guarantee of future returns.
Also, you might want to check out my third podcast about the process I practice and what to expect going forward. Hope you enjoy and would like any feedback on what you might like to hear or get information on. All the podcasts are posted on our web page, www.theliberatedinvestor.com.
Should you have any questions or wish to talk, please call our office or email me at the email shown below. In the meantime, I hope you have a great week!
PS: This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.