I just finished Michael Lewis’ new book, The Undoing Project. My copy is methodically dogeared and underlined, but one passage has stuck with me since I read it.
Globally stocks finished the year on a downbeat note with a slight decline in the fourth quarter. US stocks outperformed their global peers by a healthy margin in 2016. Some of the post US election rally did find its way into the global stock markets, but a stronger US Dollar neutralized much of the returns.
The outcome of the US Election dominated the fourth quarter market performance. The results of the US election were the second big miss by polls and pundits in 2016, with BREXIT being the other. Stocks reacted favorably post-election with the S&P 500 adding 4.6% after the results. Small cap stocks were the big winner in the post-election rally, surging 13.5%.
As 2016 draws to a close I wanted to share our ten most popular posts from 2016. Thanks to the thousands of people who read our blogs each month. We are thankful for each and every reader! Happy Holidays and we will see you in 2017!
2016 was another year of wonderful reading for me. I was able to somehow find time to read over 30 books this year and I have a few more I plan to finish before the end of the year.
Here are 7 books from my list that are my favorites.
As 2016 comes to a close view and listen to the Castlebar Asset Management Annual Market Review and Outlook for 2017.
Your 401k is often the centerpiece of your retirement planning strategy. For Garmin employees there are great internal resources for HR questions but sometimes they are not able to answer all of your questions reagrding your 401k or you may not be comfortable asking someone financial questions.
Thanksgiving is my favorite holiday of the year. It gives you a moment to reflect and give thanks for all of the blessings we experience before the busy weeks before year end. I found this poem written by an anonymous author. It is a reminder that sometimes we should be thankful for less obvious things in our life.
Employee stock purchase plans (ESPP) can be an overlooked benefit from your employer and you could be leaving a thousand of dollars each year on the table by not participating! ESPPs can be an important helper in building wealth and reaching your goals. They are not the type of account that can be left alone for years, they need some attention along the way.