Why Investing Early Is the Key to Achieving Financial Goals

For long-term investors, knowing the difference between what can and cannot be controlled is the key to both financial success and peace of mind. While all investors would like to believe they can predict or even control the direction of the market, experience teaches us that this is difficult to do. Constructing and managing an appropriate portfolio, while making strategic and tactical allocations based on market opportunities, ideally with the guidance of a trusted advisor, is often the best approach. However, while following markets and maintaining perspective on the economy is important, an even more fundamental key to success is simply to start saving early, stay invested, and remain focused on long-term financial goals. What can investors do to benefit from these principles today?

0 Comments

7 Market and Economic Insights for the Second Half of 2023

Major stock market indices made significant gains in the first half of the year due to improving inflation, slowing Fed rate hikes, the absence of a recession, a more stable banking sector, and a strong rally in tech stocks. The S&P 500 has climbed 16.9% with reinvested dividends this year, while the Nasdaq and Dow have returned 32.3% and 4.9%, respectively. Markets have recovered much of their losses from last year with the S&P 500 now 7% from its all-time high.

0 Comments

The Newly-Passed SECURE Act 2.0

The Newly-Passed SECURE Act 2.0Raise your hand if you think Congress should get out of the habit of passing tax legislation hours before the end of the year, giving the…

0 Comments

A Disciplined Approach To Investing

https://www.youtube.com/watch?v=aSt9jjM3GFATo achieve success when investing for the long term, it is essential to have a disciplined approach. At Mendel Money Management, we have guiding principles that help our portfolio design…

0 Comments