A Word From Bob, December 2015

Every year when the Thanksgiving holiday rolls around I find myself saying the same thing, “This year went by so fast”. It seems that as we age, time seems to move faster and faster. This Thanksgiving I realized just how thankful I am to have operated my own business for the past 40 years.

Upon further contemplation, I came to the ultimate conclusion that while I am thankful for my own personal success, I really cannot take credit for it. I have been truly blessed to have had the opportunity to work with such wonderful clients who have helped me grow my business and achieve success primarily by word of mouth.

Without introductions from my clients, I would not have been able to continue to grow my business and build a team of financial professionals that are committed to helping my clients reach their financial goals and objectives. I certainly wanted to take the time to thank all of my clients and let them know how thankful I am for their friendship, their trust, and their loyalty.

While we all have many blessings to be thankful for, as investors the stock market has not blessed us with strong performance thus far in 2015. The S&P 500 Index has managed to gain a measly 21.51 points year-to-date, or a total return of 1.04% through the end of November.

Many of our clients have portfolios that include energy and/or energy related stocks. Unfortunately, light sweet crude oil prices have declined in 2015 and put a drag on many of our portfolios. Crude oil prices in Cushing, OK have declined 24.35% year-to-date and this has weighed heavily on energy prices and energy-related companies in 2015.

However, I believe that at some point in the future, the energy sector of the economy will likely represent the strongest growth and some of the best stock market returns. Valuations are very attractive at this point in time and while we have suffered in 2015, I believe that we will be rewarded in the future.

Regardless of future returns, we will remain committed to providing our clients with financial plans that are focused on portfolio diversification, alternative investments, and tax efficiency to the greatest extent possible. Furthermore, we will continue to commit to a long-term strategy that focuses not just on diversification of assets, but on the diversification of investment vehicles and management style. I continue to believe that following these basic rules are the key to long-term investing and financial planning success.

I want to especially thank those of you who attended the Trivia Night to support our special cause in Honduras. I was disappointed that I was unable to attend the event this year, but I want everyone who has supported Just Because We Care over the years to know how thankful the children are for your support. Looking at their lives and their situation firsthand, it is a strong reminder of just how much we all have to be thankful for. In closing, I would remind you to stay healthy, wealthy, and wise, and certainly . . . stay tuned.

Bob