#AquilaWealth Newsletter -- Tuesday, Aug. 28th, 2018
Enjoy your newsletter with 3 articles I found helpful this week, and I think you will too.
No, This Is Not the Longest Bull Market Ever
Current stock market headlines are touting this as the longest bull market ever, yet as per usual, its been sensationalized. I agree with this wise reminder from the referenced article:
"Bull markets do not die of old age, as the cliche goes, and our chances of predicting the end of one are not great, to say the least. Meanwhile, research has shown that staying invested—not market timing—is the key to long-term success. If I’d started investing after I graduated from college in 1995, I would have more than quintupled my money on price alone, and made more than eight times if reinvested dividends were included. That’s a return of 9.5% annualized, despite being interrupted by the dot-com bust and the Great Recession. Money invested near the top in 2000 would have still earned 6.2% annualized, while cash put to work at the top in 2007 would have earned 8% annualized. So whether we call them bear markets or something else entirely, investors are rewarded for riding them out."
By not having a will, Aretha Franklin likely left her heirs with lots of headaches
This article is a great reminder of the importance of end-of-life planning, and in particular, having a will. Most of us know we need one, but we merely "haven't got around to it yet."
Ira Glass on Storytelling
For inspiration in continuing to work towards goals or projects, watch this compelling typographic video from Ira Glass, host and producer of radio and television show This American Life.
Have a great week!
Eric Maldonado, CFP®, MBA, CKA®
Owner, Aquila Wealth Advisors
P.s. — Feel free to share this.