News from Schott Financial Management

Follow the Data, Not the Narrative

The Dow Jones reached 40,000 last week! These are indeed interesting times. I just returned from my favorite annual conference, sponsored by First Trust, which many of you own. Their theme resonates with me: FOLLOW THE DATA, NOT THE NARRATIVE. With 2024 being an...

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Steps to Changing Your Financial Advisor

In this month's column, we delve into the sensitive topic of transitioning financial advisors. In locales like Prescott, where face-to-face interaction holds significance in retirement communities, such decisions carry weight. Compounded by a significant portion of...

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Market Update: April Fool’s Edition

Yesterday was April’s Fools day, but certainly the market has been no joke since Halloween.  The market seems to be holding steady, had a large move up through mid February, and has been holding from there.  Where to now? It is always difficult to make shorter term...

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Robo vs. Real Advisor

Financial literacy is a skill that takes years to acquire. For those of you considering a financial advisor, you may be wondering about Robo-Advisors, and whether they are a good fit for you. Robo-Advisors were introduced to the public in 2008 to help smaller, less...

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It’s the End of the Year – Again!

Can you believe we are already at the end of the year? At the beginning of 2023, I suggested that this year would be volatile, and that the market would end slightly up. As we round out the end of October, the market is holding on to slight gains, and many of our...

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A Timely Opportunity

I’m happy to report that the debt ceiling has been raised and an impending financial crisis averted. For now. Some say we are kicking the can down the road until 2025. In addition, The Federal Reserve hinted at taking a pause on rate hikes. This is positive news for...

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Market Update: Spring 2023

It’s the first week of May and so far 2023 has been a good year for the markets. With 25% of this year already gone, I wanted to bring your attention to a few things: NASDAQ is up over 15%, a positive response to a very negative 2022. The Federal Reserve continues to...

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2023: Market Outlook

2023 is well underway. Watch financial advisor, Steve Schott, speak a bit about what to expect from the markets this year.  

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