ACCOUNTABLE UPDATE
"See Through"
Costs matter. Whether you’re buying a car or selecting an investment strategy, the costs you expect to pay are likely to be an important factor in making any major financial decision.
Some of these costs are easily observed, while others are more difficult to assess. When investing, different variables need to be considered to evaluate how cost‑effective a strategy may be for a particular investor.
Strong US economic growth, escalating trade tensions, Brexit concerns, continued normalization (rate increases) by the Fed, and a selloff in emerging markets characterized Q3 2018. While the focus has seemingly been on the political front, with a contentious Supreme Court nomination and “The Resistance” looking to make gains in the upcoming mid-term elections, the economic news in the US has been very good.
“The fair is in October!”
That was the coach’s response to one of my high school teammates when he suggested that the wind sprints everyone was being asked to run after a loss weren’t fair. He didn’t understand why the whole team was being treated that way when only a few players had made errors or failed to come through with the game on the line.
So, when I saw a recent news story about how women are at a disadvantage to men when it comes to retirement savings, I could hear that old coach yelling in the back of my mind.
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