The stock market is down 19% year-to-date, so what is an investor to do? There are plenty who are exhausted by the continuous grind toward lower prices, even with some trend-reversal rallies mixed in. They want to sell because they’re worried about stock prices falling even further than the mid-October lows. No one has a…
Market Review After a 2nd quarter most investors want to forget, the smaller 5.3% S&P 500 drop experienced in the 3rd isn’t any easier to swallow. The net move masks a tale of two markets, with a sharp rally followed by a slightly sharper pullback. Stubborn inflation kept the Federal Reserve on a path toward…
The age-old advice is to “buy low and sell high”, and it’s hard to argue with that logic. We cling steadfastly to the belief that if you buy and stay invested over the long term, you’ll have done exactly that. With history as a guide, the stock market has rewarded investors handsomely, but the path…
Market Review As one market observer noted, the best news about the 1st half of 2022 is that it has ended. The S&P 500 posted a 16.4% decline for the 2nd quarter as nagging inflation compelled the Federal Reserve to raise their target rate a cumulative 1.25%, including the largest single move since 1994. Elevated…
Diversify. Diversify. Diversify. It’s one of the key concepts for investors to understand. Most are familiar with the adage “don’t put all your eggs in one basket”, and diversification is essentially the same concept. We’re not dogmatic about investors needing to own certain asset classes. Some of those asset classes have been dogs for years…
Investment Advisor/Portfolio Manager Adell, Harriman & Carpenter, Inc. is an independent, fee-only investment management company, dedicated to providing our clients a comprehensive financial home using customized personal services and a diversified, long-term investment philosophy. The Portfolio Manager position is a mid-level role on the professional career path within our firm. The primary focus of the…