Some perspective courtesy of Dimensional Fund Advisors: Many investors may think a market high is a signal stocks are overvalued or have reached a ceiling. But they may be surprised to find out that the average returns for the S&P 500 Index one, three, and five years after a new market high … [Read more...]

We sent this email out to clients and friends of Keener Financial Planning today. We've all been hearing a lot about the coronavirus.  Many stock market investors have reacted by selling stock holdings.  As of this writing (around noon February 28), the S&P 500* is down about 13% from its … [Read more...]

I recently attended the Garrett Planning Network conference near Denver, CO. What a nice break from the Texas summer heat! One of the sessions highlighted an issue many of us are dealing with right now: frame of reference risk. We usually think of investing risks as external events that could … [Read more...]

If you've followed the news over the last month or so, you're aware that China's stock market has been on a wild ride.  The Shanghai Composite Index (companies traded in Mainland China) is down more than 25% in the last 2 months, but still up almost 70% over the last 12 months.*  This quick run-up … [Read more...]