Today’s Headlines – June 3, 2020

Today’s Headlines – June 3, 2020

The world (as we knew it) is changing.  Much of our attention has been on working together to help each other and our country move through the more painful changes. But we must also take time to acknowledge our sense of gratitude for what doesn’t change: the presence of many blessings in our lives.  In my own life, I look around and am amazed at how much I have to be thankful for.  I am thankful for my beloved family.  I am thankful for our dedicated Kelly Group team members.  I am thankful for the many people in our community with giving selfless hearts–including courageous first responders, tireless medical professionals, and compassionate non-profits.  This list could go on and on.  I have a feeling that you too find yourselves surrounded daily by good deeds and gracious people trying to make the best of this difficult and fluid situation.  In fact, whether it is in conversations with clients, neighbors, friends, or community members, I find the same thought expressed in different ways over and over: “Count your blessings.” In these discussions, I am struck by a shifting sense of what it truly means “to be comfortable, to be present, and to be mindful”.  It is this appreciative and resilient outlook that has gotten us through crises in the past and is now guiding us through this one.

 

“America was not built on fear. America was built on courage, on imagination and an unbeatable determination to do the job at hand.” -Harry S Truman

 

Nothing is more important than family and community.  That is why we believe “the job at hand” is to provide objective, caring, and wise guidance to our clients, thereby helping families achieve their life’s dreams and our community to prosper.  At The Kelly Group, we strive to emulate the selfless nature of so many of our clients, friends, and members of our wonderous community. We feel blessed that we are in a position to serve as financial stewards for our clients and their families.  And we find this terrible pandemic provides an additional blessing: a “teaching moment” that helps us all better appreciate the importance of adhering to an emotional and financial discipline, a discipline that will allow us going forward to focus even more on life’s blessings. This is what we are here for; this is why we do what we do. We ask that you visit our website, www.kellygrouponline.com or Facebook Page on a regular basis for updates and articles that may provide food for thought.  If you have any questions or would just like to talk – we are here to listen—in fact we welcome your call.

Stay Safe and Healthy, and May God Bless You and Our Community.

Best regards,

 

Bryan E. Kelly, CFP®

Managing Partner

 

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Registered Broker/Dealer, Member FINRA/SIPC.  Advisory services offered through investment advisor representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. The Kelly Group and Cambridge are not affiliated.

Today’s Headlines – June 3, 2020

Today’s Headlines – May 27, 2020

Memorial Day is a well-known American holiday, honoring the men and women who died while serving in the U.S. military. Originally known as Decoration Day, it originated in the years following the Civil War and became an official federal holiday in 1971. Many Americans observe Memorial Day by visiting cemeteries or memorials, holding family gatherings, and participating in parades. Unofficially, it marks the beginning of the summer season. This year, Memorial Day Weekend was a much more somber holiday as we are embroiled in a different type of war. This war is a health crisis that has taken many more lives than we care to count. As we slowly move forward carefully reopening our country, we do so together, united against one common enemy.  We may have had to forgo rambunctious parades, crowded cookouts, and large family gatherings, but together we still remember.  Personal signs of celebratory patriotism and respect for our local communities in need, took on a new look and were no less heartfelt.

As we express our gratitude, we must never forget that the highest appreciation is not to utter the words, but to live by them.”  John F. Kennedy

This past weekend, I hope you were able to take a moment and pause in a commemorative way befitting your family.  At The Kelly Group, we proudly displayed the American flag to commemorate those who gave their lives in service to our country. We salute our clients and members of the community that are veterans. Thank you. We are forever grateful for the ultimate sacrifice for the Unites States of America. To those who are fighting this war today, we thank you for your invaluable contribution, renewed hopes, and national aspirations.  Today we praise the men and women who continue to sacrifice for their community and country, with selfless devotion, outstanding courage, and honor. May their sacrifice be a constant reminder of things that matter.  We ask that you visit our website, www.kellygrouponline.com or Facebook Page on a regular basis for updates and articles that may provide additional information and a calming voice.  If you have any questions or concerns, we are here to listen, in fact we welcome your call.

Stay Safe and Healthy, and May God Bless You and Our Community.

Best regards,

Bryan E. Kelly, CFP®

Managing Partner

 

 

 

 

Today’s Headlines – June 3, 2020

Today’s Headlines – May 20, 2020

Ten years ago, for my 40th birthday, I attended Berkshire Hathaway Inc.’s annual shareholder meeting. This shows my geeky side and I must admit, I loved every minute!  I was also planning to attend this year for my 50th; however, COVID-19 and social distancing made that impossible.  So instead I “attended” their day-long virtual meeting and typical of Warren Buffett, he provided wisdom and wit that only a man of his age and stature can manage. He did not disappoint. Mr. Buffett emphasized that he was as uncertain about the short term as he is optimistic in the long run, and further commented that Berkshire isn’t itching to make any giant investments yet. However, Mr. Buffett provided optimistic remarks and said, “We’ve faced tougher problems, and the American miracle, the American magic, has always prevailed.” Mr. Buffett spoke of patience and respect for the overall investing process.  Well said.  We need to be more Buffett-like.  But when markets swing as wildly as they have over the past few weeks and months, the urge to act—especially to sell—can be overpowering. To point, this made me think of the following quote:

“All of human unhappiness comes from one single thing: not knowing how to remain at rest in a room.” – Blaise Pascal

At The Kelly Group, we spend a considerable amount of time and energy in coaching clients how to channel that nervous (market) energy, and turn it into a disciplined investment routine. That way, their decisions become driven by a customized investment policy rather than by impulse.  Rebalancing, or automatically adjusting their mix of assets back to predetermined target levels, forces a buy low and sell high strategy instead of selling low and buying high. Part of this process is to simply do nothing at all.  BE Buffett. This may sound odd but believe me it’s true.  We ask that you visit our website, www.kellygrouponline.com or Facebook Page on a regular basis for continued inspiration.  We welcome your feedback and discussions, and if pressed – I am happy to share more of my geeky thoughts on listening to Mr. Buffett.

 

Stay Safe and Healthy, and May God Bless You and Our Community.

 

Best regards,

Bryan E. Kelly, CFP®

Managing Partner

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Registered Broker/Dealer, Member FINRA/SIPC.  Advisory services offered through investment advisor representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. The Kelly Group and Cambridge are not affiliated.

Today’s Headlines – June 3, 2020

Today’s Headlines – May 13, 2020

I understand the continued uncertainty facing all of us. We are grappling with an economic and a health care crisis. It’s something none of us have ever faced, and yet – recessions are not new, we have faced them before. One of the recurrent themes I emphasize is …that we act continuously on our plan; we never react to the economy or the markets. Consider the interesting fact that in April the Dow Jones Industrial Average and the S&P 500 recorded their best monthly gains since 1987. It’s an incredible disconnect between the financial economy and the real economy. No one can truly say where the markets might be at the end of the year. There are too many unknown variables. Those who make forecasts are simply offering opinions. Let’s just pause and be still. Read more

Rick Fletcher speaks at Virtual Town Hall

Rick Fletcher speaks at Virtual Town Hall

On May 6th, The Kelly Group teamed up with Freedom Federal Credit Union to present a Financial Town Hall sponsored by Mt. Zion Baptist Church.  Executive Vice-President, Rick Fletcher, CFP® talked about the current state of the financial markets and the importance of a sound financial plan, especially during financially challenging times like those many are currently experiencing.

Today’s Headlines – June 3, 2020

Today’s Headlines – May 5, 2020

While it is true that the coronavirus has caused global disruption in many ways, it may also be true that this has caused a personal and reactive review of what we should be doing to maintain a healthy lifestyle. We have now come to focus daily on our physical, financial and emotional well being during this crisis. At least, that’s what we feel we should be doing. The coronavirus sparked the first bear market in 11 years, pushing us well into a recession. Recessions can be complicated, misunderstood and downright scary.Would it surprise you if I noted that recessions are relatively small blips in our economic history? Prior to this occurrence, over the last 65 years, the U.S has been in an official recession less than 15% of all months. Read more