QUARTERLY CLIENT LETTER – 2023 Q3 – PROVIDED BY MARK K. LUND, UTAH FINANCIAL ADVISOR
Knowing What to Do Makes Less Room for Worry One of the clever dramatic devices you’ll find in Shakespeare is the letterdelivered-on-stage. As the recipient reads it aloud, the audience experiences all the emotions of the scene it’s describing just as if they had seen it happen. Of course, this is a useful way to
When the Fear of Missing Out Causes You to Miss Out – Presented by Mark K. Lund, Financial Advisor in Utah
According to the American Heritage Idioms Dictionary, William Camden was the first to record the saying, “The early bird gets the worm.” He included it in his 1605 edition of English proverbs.1 Its straightforward meaning is that the person who arrives or acts first is more likely to get what he wants. It’s been a
How Do You Plan for a Future You Can’t Accurately Predict? – Presented by Mark K. Lund, Utah Financial Advisor
In 1992 American political scientist Francis Fukuyama published The End of History and the Last Man. This highly regarded book declared that global politics had reached its final stage. Liberal (in the classical sense) democracy would continue to spread until it was the standard form of government for the nations of the world.1 At the
U.S. Debt Ceiling: Is it time for extraordinary measures?
Recent headlines have investors concerned about what may happen to their portfolios if the U.S. government cannot reach an agreement to increase the debt ceiling/limit, thereby risking default: The reality is that headlines like these are nothing new. In the historic global market growth of wealth graphic below, we highlighted every major “impending disaster” as
How to Keep Money From Owning You – Presented by Mark K. Lund, Financial Advisor in Utah
A friend who was discouraged about their weight loss efforts was bemoaning the necessity of food. “If you have a drinking problem,” they said, “you can give up alcohol. But if you have an eating problem, you can’t just give up food.” The same is true of money. The drive to acquire it can warp
Why Avoiding Stupidity is More Important than Being Smart – Presented by Mark K. Lund, Financial Advisor in Utah
There are times in life when you should try to win. And times when it’s smartest to simply avoid losing. Take tennis, for example. Simon Ramo, a scientist and statistician, demonstrated that professional tennis players and weekend tennis players play a fundamentally different game. “In expert tennis,” he writes, “about 80 percent of the points
