Matt Curfman, CFP®, CEO & Co-Owner of Richmond Brothers, discusses why those of you who “missed the boat” with the recent market rally are in good company. He also covers Richmond Brothers’ thoughts for what is to come in 2024, including some new Smoother Ride/Beacon options!

• 0:00 Time of reflection
• 0:40 Headline envy?
• 1:00 Millionaire study
• 1:24 Money market funds study
• 2:10 2022 vs. 2023 market performance
• 3:23 Best performers in those two years
• 4:08 Good signs ahead?
• 4:46 Presidential election cycles
• 5:09 Concerns for 2024
• 5:17 Balance & right allocation
• 5:28 How Beacon (Smoother Ride) worked by chart
• 6:06 Important to protect the downside
• 6:30 New investment option with Beacon

Or check out the Closed Captions here!

Sources:

Research Reports

https://www.cnbc.com/video/2023/12/15/most-millionaire-investors-say-sp-500-will-be-up-at-least-5-percent-in-2024-cnbc-survey-finds.html

https://www.cnbc.com/2023/12/24/magnificent-seven-stocks-led-2023s-market-what-happens-next.html

https://www.cnbc.com/2023/12/14/art-cashins-2024-outlook-how-stocks-could-fare-with-elections-and-ai-boom.html?

https://www.cnbc.com/2023/12/14/nearly-6-trillion-is-sitting-in-money-market-funds-heres-where-that-cash-can-go-next.html

The commentary in this video reflects the personal opinions, viewpoints and analyses of Richmond Brothers employees, and should not be regarded as advisory services provided by Richmond Brothers, and are subject to change at any time without notice. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Past performance is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. Richmond Brothers, Inc. does not provide tax advice.