June 2019 Commentary: Chart Your PathSubmitted by MidWestOne Investment Services on June 27th, 2019
As I wrote to you last, I was putting last minute preparations on a bucket list trip for my family. We were fortunate enough to fly to Anchorage, Alaska and hop on a cruise ship and sail back down the coast, ending in Vancouver, Canada. It was a trip full of firsts; helicopter ride, dog sledding, zip line, and Canada(!) among others. It was a pleasure to share the trip with my wife, parents, and daughters. Great memories!
We have been talking about our trip for many years and have been actively planning for it for nearly two years. We all have life events we need to plan for. Those could be dream vacations, sending your second kid off to college (this one hits home too in about two months), buying a house, or retiring from your job. And depending on the size of the event, it might need more than a minute or two of planning. Putting in the planning work, weeks, months, or years in advance allows us the best opportunity to succeed. Of course there will be bumps in the road and things that force us to detour, but a clear(ish) picture of where you want to go and what you want to accomplish is the surest way to pursue your goals, personal, financial, or any for that matter in the shortest time possible. It will likely mean compromise and sacrifice, but when you know where you are going, those things become more doable and manageable. We are happy to help you chart your path, working through the good and the bad with you.
Information is a great thing to help you determine your course. LPL Research just put out their 2019 Midyear Outlook. I hope you find is useful and informative:
Thank you very much for working with us and for allowing us to be a part of your financial team!!
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.