Dear Mr. Market:

Can you imagine how you would be feeling if you had acted upon the advice from all the doom and gloomers the past year? How some of these financial “gurus” and economic pundits still have an audience is fascinating!?! Want to know why they still have a platform and hold many people’s attention?

Fear sells.

That’s it. Nothing more, nothing less. Normally we don’t run victory laps or spend any time patting ourselves on the back, but this year we’re going to be blunt. We’re going to remind people that if you listened to everyone and followed all the fearmongers your portfolio would be sitting in cash and you would have missed one of the better and least expected positive years ever. We’re not running around with rose colored glasses but if you listened and followed the steady hand of My Portfolio Guide, LLC this past year instead, you’re in a very decent spot and hopefully learned something for when (not if) this happens again.

The stock market WILL go down again…but it will also always eventually finish higher. Sure, 2022 was a dismal and quite frankly unprecedented rough year, and couple that with all the worrisome headlines of massive debt, inverted yield curves, geo-political issues etc., you would naturally be influenced to run for the hills. We were crystal clear that we thought, albeit not a popular opinion, this year would finish positive and we would see a strong Q4. We’ve held onto this stance even through a very negative late summer (August through October) where the market pulled back considerably.