One of the major risks investors face is a portfolio drawdown – a peak-to-trough decline in the value of their investment portfolio over a given period of time. Substantial drawdowns can derail long-term financial plans and make it difficult to recover lost ground. Understanding and managing drawdown risk is important for successful investing. A drawdown […]
The first quarter of 2024 witnessed a robust performance, but April brought a setback as major indices experienced a decline across the board. Factors such as persistent inflation, rising bond yields, and geopolitical tensions weighed heavily on investor sentiment, shaking confidence in the market. Given this backdrop, we wanted to explore the potential path ahead. […]
The S&P 500’s strong start to 2024 has been met with a pullback in April. In our most recent monthly commentary, we explored how the market typically reacts when the S&P 500 jumps 10% or more in the first quarter. Since 1950, this scenario has occurred 11 times, and in 90.9% of those instances, the […]
We are proud to announce that Lake Street has been recognized as one of the Best Financial Advisory Firms in 2024 by USA Today. The selection process involved feedback from over 25,000 individuals, including financial advisors, clients, and industry experts, who recommended firms they found commendable. This title highlights Lake Street’s esteemed reputation within the […]
Lake Street is proud to announce that our co-founder and managing partner, Justin Terzo, has been recognized as part of the 2024 Forbes “Best-In-State Wealth Advisors” list. For the 5th year in a row, Justin stands out among an elite group of advisors, who showcase their profound understanding of market dynamics, investment strategies, and personalized […]
Planning for the future encompasses not only financial security but also savvy tax management. One often-overlooked strategy that can yield substantial tax savings is strategic account titling. While many married couples default to joint ownership or trust structures where both partners are listed as grantors and trustees, the nuances of individual ownership can offer significant […]
As the first quarter of 2024 drew to a close, the broader markets continued their upward trajectory, driven by factors that caught investors off guard. Despite expectations of declining inflation, the Consumer Price Index (CPI) held steady at 3.2%, nearly unchanged from the beginning of the year. While some anticipated rate cuts, the Federal Reserve […]
For employees working at a publicly traded company, you may have an option to buy the stock of the company you work for within the 401k plan. While making the decision to invest in that stock is a decision within itself, simply due to the risk associated with investing in the company that also provides […]
Source: (WSJ) Every year, Warren Buffett shares his insights and wisdom through his annual shareholder letter, a revered tradition for investors worldwide. Let’s delve into the key takeaways from Buffett’s 2023 Shareholder Letter. A Tribute to Charlie Munger: The letter opens with a heartfelt message about Charlie Munger, Buffett’s longtime partner, who passed away in […]
In the ever-evolving landscape of investment opportunities, private equity stands out as a dynamic and strategic avenue for investors seeking higher returns and actively participating in business growth. Private equity involves investing in privately held companies, providing capital in exchange for ownership stakes. This alternative investment class offers a distinct set of advantages that savvy […]
