After declining an unheard of 10.5% during the first 45 days of this year--we were astounded-- the U.S. equity
markets showed remarkable resilience, with the S&P 500 gaining over 12.5% since the middle of February. The
result was a slightly positive return year-to-date.
For our Fall newsletter, we decided to do something different, in order to raise awareness of our blog. The articles that appear in the newsletter were all originally published here, on our website, as blog posts.
Medley & Brown Blog
Tim’s January 7, 2016, blog included a section about living below one’s means. I’m going to expand on that topic a bit (by golly, it’s worth repeating), and I’ll add a few tips on how to implement a budget or plan to accomplish that goal.
Ah, the digital world we live in, where everything you need is on your phone in your pocket or purse. I was standing in line at the grocery store the other day and noticed the gentleman in front of me was looking at a financial app on his phone that showed some market data. I have one of these apps too, and periodically check it to “see what’s going on” in the market. Wonderful tool, but does it help us make decisions?
Meet Our Team
Tim C. Medley
Tim Medley has been in the investment business since 1967, founded the predecessor to our firm in 1988, and was the first person in the State of Mississippi to be awarded the CFP® certification.View Profile
Doug Muenzenmay, CFA, CFP® joined Medley & Brown, LLC, in April 2010. Doug has 24 years of capital markets experience including portfolio management for individuals, institutions and endowments.View Profile
Eddie Carlisle, CFP® joined Medley & Brown, LLC, in May 2006, having previously practiced law for five years at Watkins & Eager, PLLC.
Eddie serves as the firm's Chief Compliance Officer.View Profile
Julius Ridgway, CFA joined Medley & Brown, LLC, in July 2002. He has over 15 years of direct investment experience, and spent the previous ten years involved in various aspects of financial services, banking and real estate.View Profile
Quotes & Commentary
Since 1926, the market’s cheapest stocks have outperformed their more expensive counterparts by 4.6 percentage points annually, according to data assembled by Dartmouth’s Kenneth French. But that was then. Since February 2007, the cheapest stocks in the U.S. have lagged their more expensive counterparts by 2.6 percentage points annually....