It's back to school season ALREADY! Although, I don't know about you, but I'm relishing in all of the sun and Summer warmth for as long as I can.

Typically, this is the time of year I like to revisit the ins and outs of 529's as they relate to college tuition and fees. However, we've covered the new updates extensively this year already over our last few newsletters and social media; so, I'd like to pivot the focus to some of the key financial news that has the potential to be the most impactful for your portfolio as we close in on the second half of 2022.

If there is one message I cannot stress enough, it's to ride the waves of the market fluctuations, and stick to the plan we've outlined together. It's natural to fear uncertainty, but the reason we put such an emphasis on maintaining the portfolio we've designed, is because you simply never know when a single trading day will change everything for the best.

To illustrate: Over the last 30 years, the S&P 500 has gained a 10% per year total return. If you remove the best 22 trading days out of those years (a total of 7,554 days), the return drops to 5% per year total return. The moral? Those 22 days alone, sprinkled over three decades, doubled the annual return for the S&P 500. So, while there's no telling the timing of those days, sticking with your investment plan ensures you don't miss one when they do roll around.

Patience is no easy feat, we know, we feel it right along with you. But we also trust in our profession, and we care about the life you dream of for you and your family. There's no recommendation that we don't also follow ourselves. So, when I say we're in this together, I truly mean it.

Until next time, wishing you health, wealth, and happiness.

Marianna