Do something nice
Good morning!
Today, October 5th, is World Teachers' Day. So for all you teachers out there, thank you for all you do.
It's also National Do Something Nice Day.
I suggest you combine the two and do something nice for a teacher today!
As I've referenced before, Groucho Marx is credited with the quote,
"I don't want to belong to any club that will accept me as a member."
And while not exactly a "club," I was pleasantly surprised to see myself listed as one of AdvisorHub's 50 Solo Practices to Watch. You'll find me at #44.
And though I don't have local staff or partner advisors, I certainly don't feel like I'm working all by my lonesome to take care of my clients. Instead, I'm surrounded and supported by a world-class team at Wealthcare Capital Management, also recognized by AdvisorHub as one of the 4 registered investment advisers to watch.
And my friend and advisor extraordinaire, Elizabeth Craddock - also a Wealthcare advisor, was named as one of the 100 fastest growing advisors to watch at #52.
So despite Groucho's quote above, I'm happy to be in some pretty good company. 😊
And a sincere thank you to Shantese who runs Wealthcare's marketing efforts for throwing my name in the ring for consideration of this recognition.
As you're no doubt aware, we have mid-term elections coming up in November. Gotta love all the finger-pointing political ads that are only going to ramp up heading toward election day.
It's natural to wonder about the impact on the investment markets and your portfolio if "your team" wins.
Or if they don't.
Yet once again, whether we're talking about elections or a virtually never-ending list of other issues that seem to dominate the news from time to time...
It really doesn't matter.
For more on the investment impact of mid-term elections along with some historical context, please read this article from my friends at DFA.
While I would never suggest that your vote doesn't count (because it does), I'm not sure I'd categorize national elections as something within your control.
And remember, around here we always want to focus on the things within our control.
Everything else is just an exercise in frustration.
And it will result in higher anxiety and stress levels.
Links & things
For the next video in my financial planning in public series, I cover the "Ideal - Acceptable" range of goals concept:
Another great - and timely - article from DFA's founder David Booth that I'd encourage you to read and consider:
I'd like to ask you to read this short piece and hit reply with your thoughts. It's about running. But it's not about running. It's about how to retire. Or how to live your life. Or how to raise your children. Or about how we do anything.
You might want to also check out some of the almost 1,000 comments below this article... more food for thought.
Thank you, as always, for reading.
And if you have any questions or an idea for a future newsletter, blog post, or YouTube video, I'd love your input.
Just hit reply - I read (and appreciate) every email you send.
Until next Wednesday,
Russ