With Super Bowl 50 approaching, this weekend is arguably the greatest sporting event in the world. Even the most casual of sports fan typically tune in. So much ‘noise’ around the game; who is playing the halftime show? Who will score first? Who will Cam give the ball too? Maybe that conversation turns to “what does so-in-so make?”
Likely the most commonly asked question by prospective clients (and new clients) is “what makes you (CORDA) different?” There are many answers to this question, but one of the most important and simple ones is how we are registered.
The sitcom Seinfeld is widely regarded as one of the greatest TV’s shows of all time. In one of my favorite episodes, George Costanza (a lovable character but often plagued by ill-timed decisions and hair brained ideas) decides he will try to reverse his fortunes by doing (and saying) the exact opposite of what his ‘normal’ thought process would be.
“Nothing creates fear like the belief that market declines are being caused by some fundamental problem.” A quote we read last week from Brian Westbury, Chief Economist at First Trust Advisors L.P. His economic take was fascinating and I am paraphrasing him below:
Let’s face it; investing can be very emotional. You’ve worked hard to earn and save for retirement only for ‘the market’ to be spooked by some country whose entire GDP is less than that of our home base of Houston. Some have even likened the stock market to a casino. Let’s take a closer look to see if you find the ‘odds’ in your favor.