Note: if images don't appear please enable "display / load images" in your email program. |
|
|---|
|
“The great truth is that the premium return of equities is earned purely by a willingness to ride out their temporary declines. Yet it is those temporary declines upon which human nature fixates.”
―Nick Murray |
|
Greetings,
With the market up one percent one day and down as much the next – based on headlines no one can begin to understand, and outcomes no one can begin to predict – this is our chance to restate the great truths. We don’t care what the headlines are. We don’t even care how the market reacts to the headlines. We have a lifetime plan, and that plan always works in the long run.
.
The ultimate irony in recent days has been that the maelstrom of confusion about Iran, oil prices, resurgent inflation and softening employment has been completely overshadowed by the only thing that ever really matters: earnings. And what we’re seeing right now is an earnings breakout for the ages.
.
We aren’t speculators in “the stock market.” We’re patient, disciplined, long-term owners of the world's great companies. It isn’t intuitive that these are two wildly disparate states of being.
|
|
|---|
|
|
The Looming Tragedy of Trying to Rush It |
|
|---|
|
In this month’s edition Nick examines the growing phenomenon of younger investors taking risks they don’t understand and that they don’t need to take instead of harnessing the effortless genius of equity compounding over time. |
|
|---|
|
MICHAEL'S ARTICLE OF THE MONTH |
|
|---|
|
Is Gold a Good Investment?
This question usually stems from one of two philosophies.
In this report you'll learn what they are, and if gold is a good investment or not.
|
|
|
|
|
The best book on the history of Capital Group. Find out what makes American Funds so special. |
|
|
|
|
How GM’s Chair & CEO is redefining what’s possible at a legacy company |
|
|---|
|
Youtube - April 30, 2026 - 21 minutes |
|
|---|
|
How does General Motors Chair and Chief Executive Officer Mary Barra lead transformation at scale, all while technology is rewriting the playbook? According to her, it’s about maintaining the company’s history of innovation and understanding that “no one has a right to exist — even a company that’s 100 years old.” In this episode, hear her insights on leading GM through structural change, from EV investment and regulatory shifts to culture, talent and long term relevance. |
|
|---|
|
Beyond AI: Investing in the physical economy |
|
|---|
|
Brittain Ezzes, a portfolio manager for Capital Group shares her perspective on an unexpected rally this year among heavy-asset companies, or companies outside of AI and big tech. She offers three catalysts that could sustain the rally, identifies areas where she is hunting for investment opportunity and explains why she believes we may be at the start of a physical economy renaissance. |
|
|---|
|
With Roth IRAs, one must be 59.5 AND have the account opened for 5+ years in order to avoid paying taxes on withdrawing earnings. How is the 5-year-rule calculated? |
|
|---|
|
-
Every dollar goes through it's own 5-year journey.
If it's been open over 5 years then withdrawals are tax-free regardless.
-
Every dollar goes through it's own 5-year journey.
If it's been open over 5 years then withdrawals are tax-free regardless.
|
|
|---|
|
MONEY MEMES AND A LITTLE HUMOR |
|
|---|
|
For more than 36 years I’ve have made myself available to act as a sounding board for anyone who may need retirement-income advice — or just a second opinion.
As a result, my business now comes to me almost exclusively through referrals. So, if you’re approached by a friend, neighbor or family member; or if you know someone who just needs a sympathetic ear, please let them know that I will always find the time to listen; and I’ll do my best to help.
By making myself available in this way, I’m striving to make our little part of the world a better place to live.
I do well by doing good.
|
|
Michael Paulding Thomas
Financial Advisor, Registered Representative, Securities Principal. Series 6, 26, 63, 65, Life
Since 1989 I’ve been helping families make smart choices about building a guaranteed income during retirement.
|
|
|
|
|
Retirement Planning • IRAs • 401k's • Rollovers • Mutual Funds • Variable Annuities • College Planning • Term Life Insurance • Living Trusts |
|
|---|
|
|
| |
|
|
