April 2020 From the Desk of Paul Ohanian, CFP® Arizona will prevail, we always have, and we will. Real estate is one of our strong suits, saluting top professionals, that represent our best accolades for living the exceptional Arizona lifestyle. Our home is here, our business in Scottsdale, our children raised in local schools… We developed Scottsdale Wealth Planning as a family first company. Our first priority is the families we serve. I have … [Read more...] about Founder’s Message
Insights
Long-Term Investors, Don’t Let a Recession Faze You
In the past century, there have been 15 recessions in the US. In 11 of them, stock returns were positive two years after the recession began. Read Dimensional Fund Advisor's article, "Long-Term Investors, Don't Let a Recession Faze You," HERE. … [Read more...] about Long-Term Investors, Don’t Let a Recession Faze You
Leading Labor Economist Professor Ed Lazear on COVID-19
Renowned labor economist Edward P. Lazear, an independent director on the boards of Dimensional's US Mutual funds, discusses what policymakers are monitoring with COVID-19, how monetary authorities are responding, and what the global recovery may look like. Prof. Lazear teaches at Stanford University's Graduate School of Business. As chairman of the Council of Economic Advisers under President George W. Bush from 2006 to 2009, he helped guide the US policy response to the financial … [Read more...] about Leading Labor Economist Professor Ed Lazear on COVID-19
Paul Ohanian, CFP® on the Scottsdale Wealth Planning Difference
Hindsight Is 20/20. Foresight Isn’t.
History shows there's no compelling or dependable way to forecast stock and bond movements. The year 2019 has been a case in point. Read Dimensional Fund Advisor's article, "Hindsight Is 20/20. Foresight Isn't.," HERE. … [Read more...] about Hindsight Is 20/20. Foresight Isn’t.
What Happens When You Fail at Market Timing
From Dimensional Fund Advisors The impact of missing just a few of the market's best days can be profound, as this look at a hypothetical investment in the stocks that make up the S&P 500 Index shows. A hypothetical $1,000 turns into $138,908 from 1970 through the end of August 2019. Miss the S&P 500's five best days and that's $90,171. Miss the 25 best days and the return dwindles to $32,763. There's no proven way to time the market—targeting the best days or moving to the … [Read more...] about What Happens When You Fail at Market Timing