
Today we’re going to talk briefly about some of the bright spots on the horizon for 2023, recap some of the highlights of last year, and finally talk about the new Secure Act and all the goodies that are embedded in that law. So as we know, 2022 was one of the worst year for portfolios, in fact since 1937 by some measures. And that’s because not only was it a bear market in stocks, but also bonds were down 17%. In fact, it was the worst performance in the history of the Morningstar Core Bond Index. That’s pretty bad. Some of the accompanying charts show the pain quite graphically. We have, however, seen the pendulum swing from growth to value. My Partner, Sarah, wrote a white paper titled “The History and Future of Value Investing”. You’ll find the link to the document HERE. Whether or not the value…
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