Stick to the Script – May 2022

After a wild week of trading in the markets, a few paragraphs from our April 2022 essay couldn't be more appropriate. The full Newsletter can be found here: KLCM Newsletter.

With the future seeming incredibly uncertain and the investment landscape appearing to change by the day, it would be easy for investors to throw up their hands, head to the sidelines, and wait for that obvious better entry point. We could not disagree more!!

Amid these uncertainties, it is essential to stick to the script. Our simple belief is that over any reasonable timeframe, the economy and earnings growth enable equity markets to move higher. Patient investors ultimately are rewarded, though patience is tried at times. Financial markets will continue to allow individual investors to accumulate wealth and achieve their financial goals. Perhaps Benjamin Graham said it best, "The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavior discipline that are likely to get you where you want to go."