Lee Wealth Management

06/11/2024

The financial media is detrimental to the average investor. Take a look at a week + worth of sensationalism from Nov & Dec 2021

11/26 "Stocks tumble on new coronavirus variant fear" - Reuters
11/29 "Stock market rebounds on hopes Omicron not as bad as feared" - CBS
11/30 "Shares slip on worries over Omicron risks" - AP
12/01 "Stocks roar higher as traders park COVID and Fed jitters" - Reuters
12/02 "Stock futures rise on latest Omicron comments" -WSJ
12/03 "Stocks edge lower ahead of jobs report as Omicron concerns loom" - CNBC
12/06 "U.S. stocks rebound as Omicron uncertainty eases" - Bloomberg

What is the current market Armageddon du jour? The U.S presidential election? China invades Taiwan? Soaring inflation? The national debt? Bank failures? Let us know, we would love to talk about it.

05/13/2022

Happy Friday everyone! Quick message for you all. Don't let sensationalism impact your long term plan! From 99-22 we've seen the following (I might be missing a few).

Y2k, Tech bubble bursts, Sept 11, Dot-com bubble, War on terror, Boxing day tsunami, Katrina, Sub-prime blow up, Global financial crisis, GFC market down -56%, Flash crash, BP oil spill, S&P downgrades U.S debt, 2nd Greek bailout, Taper tantrum, Ebola, Russia annexes Crimea, Global deflation scare, Brexit, U.S election, North Korea tensions, Trade war, Inflation scare, Global slowdown, Covid-19, Inflation, Interest rate hikes

The point is, there is always something making people uneasy. We're not dismissing risk, but we think this serves as a reminder that as those risks passed, the markets tend to right themselves.

05/12/2022

During times of uncertainty one of the greatest gifts an advisor can provide to a client is not trying to predict the future, but to provide perspective. Winston Churchill once said "The further we look back, the further we may see ahead."

12/31/2021

12/29/2021

We will be closing early on December 30th at noon and all day on December 31st in observance of the holiday.

12/22/2021

We will be closing early on Thursday, December 23rd at noon and closed all day Friday December 24th in observance for the holiday.

12/20/2021

2021 word of the year: Transitory

12/08/2021

According to this survey, one of the benefits of working with a financial advisor is *drum roll...*

HAPPINESS!

Of the 1,000 consumers polled, those working with a financial advisor are 3x happier than those who go it alone.

To quote the great Bobby McFerrin (not Bob Marley)

In every life we have some trouble, but when you worry you make it double, don't worry, be happy!

Happy Wednesday everyone

Our inaugural 2021 Consumer Financial Behaviors Study reveals that people who’ve hired a financial advisor are 3x happier than those who don’t.