Song: "Pink Bullets" by The Shins One of the more languid tracks from the fantastic album Chutes Too Narrow, an album that changed my life (yes, that's a film quote reference) when I picked it up in Tower Records. As usual with songs from The Shins, the lyrics are top notch. I thought of this song today when coming back to my blog after two and a half years - where did that time go? Here's to more listening, reading, and writing in 2024. Financial: Time and Investing Every once in a while, clients will ask me "How did the market do today?". Setting aside the lack of detail in that question (they usually mean how did the Dow Jones average perform, which ignores a fair amount of the world of investments), I'll usually reply that I haven't looked. That's pretty shocking to some people, but it speaks to what we think is the inherent nature of investing - short term is noise, long term is what matters. That's not to say that we bury our head in the sand or don't keep an eye on the movements for investment or tax planning. It does mean that we're much less worried about the day-to-day and more focused on the long-term - and studies show that's a good thing.
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AuthorRussell Hall is a fee-only financial advisor in Orange County, California. Archives
January 2024
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