Where Will Prices Be 10 Years From Now?
May 3, 2024
Each week, the Stokes Family Office staff puts together a list of our favorite news and updates on financial planning, portfolio construction, tax and estate planning, retirement plan services and/or anything we found interesting. Enjoy this week’s curated list for your weekend reading!
📙 10 YEARS FROM NOW
Ben Carlson | A Wealth of Common Sense
Ben Carlson writes, “It feels like we’re in a weird place from the perspective of the economy and financial assets. Housing prices seem too high. Consumer prices seem too high. Stock prices seem too high. Government debt seems too high.
I understand why people are worried. These things are cyclical and the lines can’t go up and to the right forever. Bear markets, financial crises, recessions, etc. are features we cannot do away with.
It can be difficult to see past short-term worries when we know bad things can and will happen. Stocks will fall. The economy will contract. There are no gains without some pain.
However, I prefer to focus on the long term when investing in risk assets. Long-term returns are the only ones that matter.
Here are some questions I like to consider when trying to look past short-term worries.”
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*Stokes Family Office does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances.