Thanks for joining Marc and Marion for the second to last episode of Dollars & Sense in 2023! Christmas shopping is done and we’re ready to enjoy the quality time with our families. Christmas, family, chocolates, and gifts all put smiles on our faces, but that’s not the only thing making us smile right now…
With 2023 coming to an end, we’re ending on a very positive note. The last 7 or so weeks we’ve seen positive performance. Who would have thought that the NASDAQ would end up almost 40% at this point. Since the end of October, the S&P 500 is up about 16% - in less than two months! An interesting statistic shared by Mass Financial Services in Boston was the seven tech stocks (Apple, Microsoft, Google, Amazon, Nvidia, Meta, and Tesla), also referred to as the “Magnificent Seven” hit record highs this past month. What’s interesting is that those stocks are on average up 105% as of December 18, 2023. But, in 2022, the average of these stocks was DOWN 46%. See how quickly things change in a year? This is a prime example as to why we don’t chase the wild volatility and why a diversified portfolio is important.
Tune in to this week’s episode of Dollars & Sense as Marc and Marion discuss the stock market and ending the year on a bright note in a language you can understand.
A full complement of Dollars & Sense broadcasts found here.
DISCLOSURES:
During Dollars & Sense with Freedman Financial, your host, Marc Freedman, may discuss specific financial planning and investment ideas. These discussions are for general information only and are not intended to provide specific advice or recommendations.
Securities and advisory services are offered through LPL Financial, a Member of FINRA and SIPC.
Always consult a Certified Financial Planner professional, qualified attorney, or tax advisor prior to investing to determine what is appropriate for you.
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1-16-22 Dollars & Sense, Market volatility is Normal. Be rational during emotional times.
12-19-21 Dollars & Sense, Christian joins Marc: Holding Ourselves Accountable
12-12-21 Dollars & Sense, Marion joins Marc: Focus on your time horizon, not the choppy waters
12-05-21 Dollars & Sense, Holiday Gift Budget & When is Your Investment a Taxable Event?
11-21-21 Dollars & Sense, Rules for Gifting Money… Gift Tax, Capital Gains, UGMA vs. UTMA
11-14-21 Dollars & Sense, Sharing Real-Life Financial Scenarios In a Language You Can Understand
10-31-21 Dollars & Sense, Marion Joins Marc to Discuss Getting to the Other Side of Crisis
10-24-21 Dollars & Sense, Christian Joins Marc to Discuss Finance Lessons Learned During COVID
10-17-21 Dollars & Sense, Don’t Go Paperless with Your Tax Stuff
10-03-21 Dollars & Sense, Topsfield Fair. Where’s Your Money-What’s it Worth? Stop Complaining!
09-26-21 Dollars & Sense, Good time of Year to Get Your Financial House in Order
09-19-21 Dollars & Sense, Financial Advice for Your Day-to-Day Activities
09-12-21 Dollars & Sense, Reflecting on 9/11, What is Buy Fast-Sell Slow
08-29-21 Dollars & Sense Best and Worst of These Financial Times. Do right by your community.
08-22-21 Dollars & Sense: What is Enough? Well, It depends.
8-15-21 Dollars & Sense: Guidance on ‘How to Hire a Financial Planner’
8-08-21 Dollars & Sense: Why you need a Financial Quarterback on your team
8-01-21 Dollars & Sense: Christian joins Marc asking How we use, plan and think about money
7-18-21 Dollars & Sense: Your Monthly Expenses Are Likely Higher Than You Think
7-11-21 Dollars & Sense: Rational Outlook Through the Lens of Freedman Financial
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