Important News for Our Clients
March Insights


The dominant determinants of long-term, real-life, investment returns are not market behavior, but investment behavior."
— Nick Murray, Author

Now that relative calm has returned to the financial markets, I want to congratulate all of you on your patience and calm and for staying focused on what really matters: your long-term plan.   I know this isn’t always easy, especially when the headlines are filled with worrying (though usually exaggerated) market news. Unfortunately, the way our brains are hard-wired can tempt us to make emotional decisions about our money at precisely the wrong moments. This is why too many investors tend to “buy high” and “sell low.” Ultimately, this kind of emotional, short-term behavior can compromise a sound financial plan. So congratulations on staying the course! There will be more down markets to come, bear markets and recessions, but though we can’t predict them, we can plan for them and make sure you stay on track over the long term. The article below from Larry Swedroe reminds us that even if you could perfectly predict market “surprises,” they would have a minimal impact on your portfolio. But there are many things you can control. According to the article below, depending on how this year shakes out, and your individual situation, this may be a good year to convert your IRA to a Roth IRA (I’d be glad to do the analysis). You may also be able to lower your internet bill by following the tips below. Finally, we don’t know exactly when spring will get here—though it will eventually—but the “spring cleaning” tasks below can help you get your garden ready.
Maureen McShane

Articles of Interest 

We’ve all seen the news headlines that earnings for a particular stock exceeded or fell short of expectations. But do these kinds of “surprises” have much of an impact on returns---even if you could predict them ahead of time? D irector of research for The BAM Alliance, Larry Swedroe, has some surprising results on the impact of market surprises.
The IRA conversion issue isn’t a one-time decision. Whether or not a conversion is a good deal for you depends on a number of variables, but a couple of the variables could favor a conversion for more people in 2019. As always, this is something I’d be happy to discuss and analyze with you.
Many people pay as much as $100 or more a month for high-speed internet and $200 or more a month for a bundled internet, phone and television service. This article has some great ideas for trimming these bills significantly.
Spring is just around the corner, and for gardeners, that means pruning (selectively), dividing, mulching, and preparing now. These twelve tips will help your garden look its best.
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