2020 has arrived.  If the first 2 days of equity trading is any indication of the coming year, buckle up.

If you have been following this weekly email, you know I do not predict what might happen in the equity markets, the US and the world.  Following a bear market (-19.8% is close enough for me) at the end of 2018, the S&P 500, composed of 505 US companies, rose to new records, the president was impeached by the House of Representatives and the 40-year war with the middle east, primarily Iran, continued.  As we start 2020 it’s like the movie “GroundHog Day” with Bill Murray all over again.

One of the things I do know is what I’m grateful for.  Jean & I have been married for 35+ years, our second time around unfortunately.  Either on New Year’s eve or New Year’s day, we just sit and talk, reflecting on the past year.  Eventually it leads to the past… (plug in the number) and we realize how far we’ve come and what we’ve lived through.  2019 was a particularly tough year.  But as we look forward we understand that the future is not in our hands and the only thing we have control of is how we respond to whatever comes at us.

Next week I will be focused on the events that may impact our current and future economic lifestyle.  But, for one week, I just wanted to take a step back from the day-to-day news that is often overwhelming and reflect what we are grateful for.  Since New Year seems to be about making goals, maybe we should make a list about what we’re grateful for as well.

In the meantime, should you have any questions or just would like to schedule a time to meet, just call or email so we can schedule something.

Doug Alden

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Office 828.668.0665

Cell 828.713.4602


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.

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