Schott Financial Management

When writing these articles, I find difficulty in relevance, especially when submitting weeks before publication; however, here are some thoughts on where we have been so far this year and where we are going. Election Obviously, this is a very hot topic as I write this in July, and it will continue to be so. Most interesting to me, it appears a prediction can’t be made until we have an electoral outcome. Most important, though, is to follow the data, not the narrative (the topic of my last … [Read more...] about Considering the Election, Market, Bonds, Interest Rates into the Second Half of 2024

As we all know, 2024 is an election year filled with extensive media coverage – some of it valuable, some questionable at best. Here are some insights we’re discussing with clients as we approach early summer 2024. Follow the Data, Not the Narrative It’s crucial to prioritize data over narrative, especially amidst the election season’s media bombardment – from traditional outlets to social media. Here are three key points to consider: 1. The Federal Budget Debt The prevailing narrative … [Read more...] about Navigating the Election Year: Focusing on Data Above Narrative

In past columns, we have talked about the market, suggestions on choosing an advisor, and some of the “inside” procedures of a financial advising practice. Today, we are going to do a very high level review of investing. This approach may seem too simple to many, but, generally, I find a review of the ABCs of investing has value for our clients.    So, on to the basic investment building blocks. Our business can appear to be quite complicated – but generally, everything filters down to two … [Read more...] about Understanding the Building Blocks of Investing