DOWNLOAD THE PDF Each quarter, I look forward to writing this market update to share with our clients and our friends what we saw in the market over the past three months and what we see looking forward. It feels like time is in fast forward as the quarter end seems to come faster and faster each year. Warren Buffett has been known to say, “The stock market is a
The 3rd quarter of 2024 saw a strong performance with all Stock and Bond Markets across the world were up with Global Real Estate leading the way at 16.04%, followed by Emerging Market Stocks at 8.72%, International Developed Market Stocks at 7.76%, US Stock Market at 6.23%, US Bond Market at 5.20% and finally Global Bond Market ex US at 3.48%. Even better news is that all these markets have
As an entrepreneur or a high-achieving sales leader, you likely wear many hats. You’re responsible for growing your business, closing deals, managing people, and ensuring that your company continues to move forward. Amid these many responsibilities, it’s easy to push aside your personal financial management. While taking control of your finances may seem like an admirable goal, the reality is that managing your wealth without professional help can lead to
I am TERRIBLE at drawing… But I love to do it when talking about money, especially when talking about how to make your money work better for you. There are so many terms and so much jargon in the finance industry and I feel like drawing pictures helps cut through that. For example, I was talking with a very sharp client couple the other day about how we suggest people
Many of our clients envision continuing to work indefinitely and never truly be fully in retirement. The passion for what they do can make the idea of retirement seem distant or even unnecessary. However, the reality is that planning to work forever isn’t a viable strategy. Life is unpredictable, and several factors can compel us to retire earlier than anticipated. At Mills Wealth Advisors, we understand the importance of preparing
We’ve seen first hand how for many business owners, managing their investments personally can start as an empowering endeavor. However, as business demands escalate and investment portfolios grow, the complexity of effective management increases. This is where our team of experts come into play, guiding entrepreneurs through the intricate landscape of investment management, ensuring their financial growth aligns with their business success. The Transition to Professional Management Entrepreneurs often reach
Selling a business is often one of the most significant decisions a business owner will make, representing the culmination of years, if not decades, of hard work. However, this complex process is fraught with potential pitfalls, and even the most experienced business owners can make costly mistakes if they aren’t adequately prepared. The stakes are high, and the pressure to get it right can be overwhelming. The goal is to
By now, you have likely seen that markets across the world have been dropping on what is being called by some Black Monday 2, although that is a bit of an exaggeration. The original Black Monday occurred on October 19, 1987, when the Dow dropped 22.6% in one day. Today, the Dow is down 2.60% and we do not anticipate it getting to the 1987 level, especially the next day
DOWNLOAD THE PDF Greetings from Tanzania, Africa. The family and I are escaping the heat and taking a once in a lifetime trip to Africa to witness all of nature’s wonder via the Wildebeests’ great migration across the Serengeti. I tried to send this a couple times, but 3G internet did not get the job done and the email attachment was never actually sent to the office (needless to say
The 2nd quarter of 2024 was an interesting quarter to say the least. It started with a negative April, where stocks across the world were down. Which was followed by a hot may where we saw stocks soar positive to ultimately flatten out in the month of June. Leading the way were Emerging Market Stocks at a 5% gain during the quarter, followed by the US Market at 3.22%,