It's time for our quarterly market review. For a long-term investor who owns a globally well-diversified portfolio, reviewing your investments along with these market information once a year to make sure you are still on track achieving your financial goals is more than enough. This quarterly material is to help you reinforce the concept of diversification, and serve as a reminder that you should view daily market events from a long-term perspective and avoid making investment decisions based solely on the news.
"Embarking on a financial plan is like sailing around the world. The voyage won’t always go to plan, and there’ll be rough seas. But the odds of reaching your destination increase greatly if you are prepared, flexible, patient, and well-advised". This is from the short article, "Sailing with the Tides", written by Jim Parker, on the last slide. It is one of the best pieces I have ever read to help people understand the benefits of a financial plan. As I always said, not everyone needs a financial planner, but everyone should have a financial plan. Enjoy reading.