The Prudent Retiree- September 2017

“Reality Itself is Too Twisted.”

          -Hunter S. Thompson

 Hunter S. Thompson was an American author, famous for what became known as “Gonzo” journalism. He wrote often about the seaminess of the drug world and politics. He was most famous for his articles in Rolling Stone magazine and the book, Fear and Loathing in Las Vegas. He was controversial, hard hitting and never in between. Both loved and loathed. Many would say Thompson’s own twisted reality led to his death by self-inflicted gunshot wound. He was gonzo to the end. I’m sure he would consider today’s zany world to be a veritable feast.

 Now, on to the market. It seems like we are in a twisted reality. Politics-bad. North Korea-bad. Russia-bad. Hurricanes-bad. Terrorism-bad. Congressional inaction-bad. Market-up, up, and up.

 The only reality that matters to investors is the direction of the market. Companies are profitable. Inflation and interest rates are low. These factors chalk up to a favorable market reality, twisted or not.

 Danger always lurks with the market. We diligently monitor and listen. If it starts to go “gonzo,” we’ll recommend appropriate action. For now, enjoy the coming of fall and the current market reality.

 

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.

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