by Monument Wealth Management Team | Sep 25, 2020 | Invest My Wealth, Weekly Market Commentary
So, what exactly is recession proofing anyway? Recession proofing describes the practice of safeguarding your portfolio from the effects of an economic downturn. The path to implementing this practice can look different for every investor. For some, this may mean...
by David B. Armstrong, CFA | Sep 17, 2020 | Invest My Wealth, Weekly Market Commentary
Our MONCON recession planning tool didn’t work for the COVID recession but that does not mean it’s useless and certainly does not mean we’ve stopped using it. Let’s review. MONCON is a great tool. In case you forgot what it does and how we use it, see this recession...
by Monument Wealth Management Team | Sep 9, 2020 | Browse FAQ, Invest My Wealth, Weekly Market Commentary
Expense ratios can be confusing. What are they? What do they reveal about a fund? Why should you, as an investor, care about any of this? Understanding expense ratios is important if you have invested in a fund (or ever plan to). Whether we’re talking about Exchange...
by David B. Armstrong, CFA | Sep 8, 2020 | Invest My Wealth, Weekly Market Commentary
How do you react when the market is down? I kept a little journal on my observations and thoughts when the market began the most rapid selloff in history. I intended to use it as a personal guide to go back and remind myself what I was thinking, observing and feeling....
by David B. Armstrong, CFA | Aug 24, 2020 | Weekly Market Commentary
In pursuit of the perfect wealth plan, you want everything, well…perfect. You want BALANCE. The daily snapshot of the plan, the investment portfolio, the progress, the returns, the outcome, the pretty pie chart…you want it perfect. Balanced. But you see, that kind of...
by David B. Armstrong, CFA | Aug 10, 2020 | Invest My Wealth, Weekly Market Commentary
Imagine Jim and Pam both live in D.C. and have a dinner meeting in Charlotte at 6pm. Since Pam does not like Jim’s choice in music, they decide to drive separately. Driving at an average speed of 65mph, it should take 6 hours, so factoring in a stop or two and adding...
