Quarterly Client Letter – Q2 2021

July 29, 2021By Phil Clark, CPWA®,CFP®

The three horsemen of the retirement apocalypse. Dramatic, yes.  Accurate, yes. Scary, maybe. I consider the most significant risks to a healthy and well-planned retirement: Low-Interest Rates Inflation Healthcare Costs The 2nd quarter of 2021 was marked with expansive growth in both GDP and, more importantly, inflation.  As communicated in the Quarterly Economic Update, “According Read the full article…

Quarterly Client Letter – Q2 2020

August 17, 2020By KrostWealth

This last quarter saw violent fluctuations in the capital markets, which have shaken the very core of retail investing for private clients as well as created massive stimulus actions by the federal government. Good thing we didn’t have anything else going on at the time! Oh, wait. COVID-19 has blanketed our country for a second Read the full article…

Quarterly Client Letter – Q1 2020

April 16, 2020By KrostWealth

A computer programmer named David Cook started a company in Dallas, Texas in 1985. After two years, Cook sold the company Blockbuster for $18.5 million, missing one of the most impractical run-ups in history. By 1992, this once small retail shop was sold again for $8.4 billion. By the late 90s, Cook’s bright idea for Read the full article…

Quarterly Client Letter – Q4 2019

November 14, 2019By KrostWealth

Never in my career have I experienced such a poorly accepted bull market. As I sit here in my Pasadena office writing this letter, I am amazed at the market returns for the year. US Markets are up 23.12% with US growth outpacing value 25.77% to 19.04%. Yet, people are still finding reasons to be Read the full article…

Quarterly Client Letter – Q3 2019

July 30, 2019By KrostWealth

The US-China Trade Deal, Student Loan Debt, and Other News from the Last Quarter. The second quarter of 2019 ended with a 3.8% gain of the S&P 500, 2.59% for DJIA and 3.58% Nasdaq. This year, the S&P500 has returned 17.35% with the DJIA +14.03% and Nasdaq +20.66%.7,8,9 On my screen, almost everything has made Read the full article…

Quarterly Client Letter – Q2 2019

May 21, 2019By KrostWealth

As we look toward the summer and seasonal change, there is much to reflect on from this last quarter. Losses Turned into Gains The first quarter S&P price return was 13.07%, the best first quarter since 1998, which followed one of the worst Decembers to date after a mediocre equity market in 2018. Many investors Read the full article…

Quarterly Client Letter

January 29, 2019By KrostWealth

Friends, This quarterly client letter marks the first, in many, distributed to joint clients of KROST Wealth and KROST. Client letters are a long-time tradition in this industry that I value, and I hope you will too; as it is an opportunity to provide you with insights into the business, our economy, capital markets, and Read the full article…