The Prudent Retiree - July 2016

“Your best teacher is your last mistake."

 -Ralph Nader

Ralph Nader is a controversial consumer advocate whose efforts have brought about change. He was the Green Party candidate for president in 2000. Many speculate that votes he won in Florida enabled George W. Bush to win that state and the presidency.

In his zeal, Nader at times over reached and did more to harm his cause than help. He would then recalibrate and renew his efforts. One of those people in American history who is both loved and loathed.

No approach to investing is perfect. Staying fully invested at all times will expose you to huge declines like those of the market crashes in 2008 and 2000.

Prudent Retiree always seeks to avoid 2008 size declines. Those are potentially life changing. The trade-off at times is getting whipsawed in a choppy market, like we’ve experienced in the past fourteen months. Not fun, but not life-changing.

Where do we stand now? Stock index prices have broken out above their May 2015 high. This is often a positive indicator. The Fed continues a near zero investment rate policy. Our risk management model is positive.

Here at Horseman Group, we strive to provide you with the highest possible level of customer service. Feel free to reach us at 314.692.7842 or horsemangroup@natplan.com with any questions regarding your investments, risk management, or retirement. 

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Horseman Group – 3 CityPlace Drive - Suite 290 – St. Louis, MO 63141 – 314.692.7842 www.horsemangroup.com 

Securities and advisory services offered through National Planning Corporation (NPC), Member FINRA/SIPC a Registered Investment Adviser. 

 Horseman Group and NPC are separate and unrelated companies. The views expressed within are of John Horseman, not

National Planning Corporation (NPC), and should not be construed as investment advice.  Investment decisions should be based on individuals’ investment

 goals, risk tolerance & time horizon. Past performance is no guarantee of future results.  NPC is not to be held responsible for and may not be held liable for the accuracy of information available. Investing involves risk including the potential for loss of the principal amount invested. There is no guarantee that any investment strategy will be able to meet its intended objective.

Certain statements contained within are forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans, or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties.  

Indices are unmanaged measures of market conditions. It is not possible to invest directly into an index. Past performance is not a guarantee of future results

 

 

 

 

 

 

 

Horseman Group