Letters category: Letters

Dow Nears 20,000; Valuations High but not out of Line

Written by Jeremy Siegel.  Reprinted with permission from Jeremy Siegel.  Redistribution is prohibited.

Are You Positioned for Higher Rates?

Written by RiverFront Investment Group.  Reprinted with permission from RiverFront Investment Group.  Redistribution is prohibited.

Unemployment Drops but Wages Sag; Trump’s Nominations More Important

Written by Jeremy Siegel.  Reprinted with permission from Jeremy Siegel.  Redistribution is prohibited.

Make the Trend your Friend; Trump Moderation drives Markets

Written by Jeremy Siegel.  Reprinted with permission from Jeremy Siegel.  Redistribution is prohibited.

During this season of Thanksgiving, our thoughts turn to our many blessings—and chief among them are friends, like you, with whom we are fortunate to share our time and our lives.  We are so grateful for the gift of your friendship and so thankful for the opportunity to celebrate this season with you.

As we reflect upon Thanksgiving, there are many ways to express our thanks, our humility and our gratitude.  Over the years, many people have eloquently expressed their thoughts on giving thanks and being grateful.  It’s hard to choose favorites, but we thought it would be nice to collect some of those thoughts that we found to be most meaningful and share them with you.  Please feel free to share these quotes with your family and friends.

A few of our favorites for this special season:

Samuel Adams, First Official Thanksgiving Proclamation: It is therefore recommended … to set apart Thursday the eighteenth day of December next, for solemn thanksgiving and praise, that with one heart and one voice the good people may express the grateful feelings of their hearts and consecrate themselves to the service of their divine benefactor.

Irving Berlin: Got no check books, got no banks. Still I’d like to express my thanks—I got the sun in the morning and the moon at night.

Anne Frank: I do not think of all the misery, but of the glory that remains. Go outside into the fields, nature and the sun, go out and seek happiness in yourself and in God. Think of the beauty that again and again discharges itself within and without you and be happy.

Ralph Waldo Emerson:

For each new morning with its light,
For rest and shelter of the night,
For health and food, for love and friends,
For everything Thy goodness sends.

John Fitzgerald Kennedy: As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.

William Faulkner: Gratitude is a quality similar to electricity: it must be produced and discharged and used up in order to exist at all.

Each of us at Hudock Capital is thankful for you and we wish you and yours a very Happy Thanksgiving.  Enjoy a wonderful holiday with your family and friends!

Sincerely,

Barbara B. Hudock, CIMA®, CPM®                Michael J. Hudock, Jr., CPM®
Chief Executive Officer                                     President and Founding Partner
Founding Partner                                             Wealth Consultant

Yields, the Dollar, and Stocks Continue the post-Trump Rally

Written by Jeremy Siegel.  Reprinted with permission from Jeremy Siegel.  Redistribution is prohibited.

Protectionism May “Trump” Emerging Markets; The 2 C’s Revisited

Written by RiverFront Investment Group.  Reprinted with permission from RiverFront Investment Group.  Redistribution is prohibited.

“TrumpQuake;” Rose-colored Glasses; December Hike a “slam dunk”

Written by Jeremy Siegel.  Reprinted with permission from Jeremy Siegel.  Redistribution is prohibited.

The results are in and Donald Trump will be the 45^th President of the United States.  Regardless of how you voted, you may be wondering as an investor what the election outcome means for your investment portfolio.

Historically, presidential elections haven’t affected the markets in the long term.  That’s partially due to the fact that the president is one person, and it’s more likely that the government will react to the markets than the other way around!  Plus, over the long term, markets are efficient.  Any short-term volatility will likely even out as prices take into account in real time not only the election but a whole host of factors, both domestically and internationally.

That said, even as the results of the election are digested, and the markets swing, we urge you to remain calm.  As your Wealth Partners with Purpose, we have built your portfolio to weather the market’s short-term ups and downs so you can realize long-term returns.

We hope this message helps relieve any anxiety you may be feeling because of potential post-election market volatility.  As always, if you have questions or concerns, please do not hesitate to contact us.

Warmest regards,

Barbara B. Hudock, CIMA®, CPM®                    Michael J. Hudock, Jr., CPM®
Chief Executive Officer                                         President and Founding Partner
Founding Partner                                                 Wealth Consultant

Written by Jeremy Siegel.  Reprinted with permission from Jeremy Siegel.  Redistribution is prohibited.