Brokers and/or Brokerage firms may be reviewed utilizing FINRA’s BrokerCheck

Episode 1 - Forecasting for 2023

In this episode of The Money Experience, Kevin McGarry is speaking with Frank M. Betsch, the founding partner of Valley Financial Group. With over 42 years of financial planning experience, Frank has helped thousands of people retire.

The goal of this podcast is to uncomplicate money. The guys are looking at the predictions for 2023 and comparing them to historical data to come up with their own opinions on what the market has to offer in the upcoming year. This episode is wrapped up with advice on managing your finances.

To contact Kevin McGarry: kevin@valleyfinancial.com kevin@valleyfinancial.com

To schedule a free financial assessment, fill out the form below.

We’re just a one day away from the spookiest day of the year with Halloween falling this Wednesday. With ghosts, goblins and ghouls running amok, you’d be inclined to think that there is nothing but fear and fright all around on the evening of the 31st. There is, however, one reason to be just a little bit joyous when the clock strikes midnight and the eleventh month of 2018 gets underway, this being that October has come to an end. For a lot of us, the most frightening part of October isn’t the creepy costumes, decorations, or haunted houses, but the fact that October is the worst month for the market in regards to overall average performance.

So is this just a random coincidence, or is there a reason for the consistent downturn during the month? Firstly, the month got its unfortunate reputation as a less than stellar one for investors in 1929, when on October 29 the market collapsed and resulted in our nation’s worst economic recession, now known as the Great Depression. The second reason October has worse stock performance is that it follows September, another historically poor month for the market whose performance could potentially bleed into the following month. Finally, the idea of behavioral finance and investing comes into play heavily in this case. With a lot of investors cognizant of October’s reputation as a poor month for the market, it can cause them to make rash decisions without really thinking, perhaps selling hard on their currently owned assets before the perceived downturn hits, which of course will end up aiding the cause of the downturn they sought to avoid. So, if the thought of vampires and werewolves are making you sleep with the lights on this week, just remember that October will soon be behind us, and with it, hopefully, the start of better market performance in the month of November. I’ve always liked Thanksgiving better anyway.

Share:

Facebook
Twitter
Pinterest
LinkedIn
On Key

Related Posts

Episode 25 – Discussion on Interest Rates

Episode 25 – Discussion on Interest Rates In this episode of Blue Money, Kevin & Jim have an in-depth discussion about interest rates. Kevin starts off by explaining how inflation and interest rates are related, and he explains the reasoning behind it. Jimmy explains what “The Fed” is. The guys discuss how interest rates affect

Episode 6 – Insurance Expert Greg Schnee

Episode 6 – Insurance Expert Greg Schnee In this episode of The Money Experience, Kevin McGarry talks to Greg Schnee from Goosehead Insurance. Greg has over 25 years experience in the insurance industry, and has had his own agency for over 10 years. Listen to find out what Greg means when he says this is

Episode 24 – Third Quarter Review

Episode 24 – Third Quarter Review In this episode of Blue Money, Kevin & Jim are helping you prepare for the last quarter of 2023. They start off giving a thorough review of the market during the third quarter of 2023. Listen to find out which month is historically the year’s lowest performing month every

Episode 23 – Being Smart About Saving for Education

Episode 23 – Being Smart About Saving for Education In this episode of Blue Money, Jim & Kevin are discussing education planning. Kevin keeps it real and is honest about the cost of financing higher education. Jim gives us the Rule of One-Third concept. Kevin goes over the different investing options for educational savings funds

Scroll to Top