If you are paying any attention to the news or even just the conversations wafting through the office, you have heard the concerns regarding the world and domestic economy. Inflation is the highest it has been in decades – meaning EVERYTHING costs more – and retirement accounts are being hammered by it all, begging the question… FRUSTRATED YET? If you’re like most investors, the answer is an emphatic YES! But then the real question, especially after the recent market uncertainty and volatility, is “What can you do about it?” While we at the Segrust Group don’t pretend to have all the answers, our clients—people just like you—would tell you that we have enough to take away the frustrations. The good news is, «Salutation», my team and I are here to help our clients navigate the current market environment. (Following is an example of how this letter should be customized for...
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Easter: A Season for Growth
Happy Easter! As you know, the Eastertime is a very special one for people of varying faiths, cultures, and traditions. One thing that has always fascinated me, though, is how Easter symbolizes growth and renewal. That’s no surprise – this is also the time of year when flowers bloom, hibernating animals emerge, and many species give birth to their young. In fact, in ages past, people actually thought of Easter – and spring in general – as a time for new resolutions and new beginnings instead of the beginning of the calendar year like we do today. Every year, I think it’s fun to celebrate the spirit of the Easter season in a new way. Here are a few of my favorite traditions for this time of year from various places around the world: Cherry Blossom Festival – Japan The significance of the cherry blossom tree in Japan goes...
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Questions You Were Afraid to Ask #2: Why is the price of the Dow so much higher than the S&P 500?
I recently started a new series of letters called “Questions You Were Afraid to Ask.” Each month, we will look at a common question that many investors have but feel uncomfortable asking. Because, after all, when it comes to your finances, there’s no such thing as a bad question! In our first letter, we looked at the difference between the Dow, S&P 500, and NASDAQ indices. This month, let’s discuss a related question: Why is the price of the Dow so much higher than the S&P 500? Before we get started, do me a favor. Pick up your phone or go to your computer. Open your internet browser and search for “S&P 500.” The first result will show the current price of the index. Make a note of the number. Next, search for “Dow Jones.” Notice how much higher it is? As in, tens of thousands of dollars...
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