• Frank Byrd, CFA, CFP®

Low Odds, High Odds





I had the honor to speak at Georgetown recently to a class of finance students. You can watch the highlights in this video . . .



A key point of my presentation is that stock price returns are basically a crap shoot. I warn students against the myth that stocks go up 8-10% per year. The odds of that happening are actually quite low in any given year. No one should base their financial plan on that assumption (hope, actually).


There are ways, however, that students can tilt the odds of success in their favor by focusing on things that actually matter.


This video might be helpful to share with children or grandchildren - or anyone - interested in learning more about investing.


The Fielder team is thankful for all the smart and thoughtful people in our lives. Thank you for being one of those!


Happy Thanksgiving!


Frank Byrd, CFA



 

IMPORTANT DISCLAIMER: This note is for educational purposes only. It is not a recommendation to invest in any particular security or strategy, since anything mentioned herein may be completely unsuitable for some investors. Speak with your financial adviser before investing. While the information presented herein is believed to be accurate, Fielder Capital Group LLC (Fielder) makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this email or any attachments. Fielder is under no obligation to notify you of any errors discovered later or of any subsequent changes in opinions. Fielder’s employees are not attorneys or accountants and do not provide legal, tax, or accounting advice. Financial planning and investment strategies have the potential for loss. It should not be assumed that any of the securities, transactions, or holdings discussed will prove to be profitable in the future or that investment recommendations or decisions Fielder makes in the future will be profitable or will equal the investment performance of the securities discussed herein. Investing involves risk, including the potential of complete loss of principal amount invested. Fielder offers no guarantees or promises of success. Nothing herein should be construed as a recommendation to buy or sell any securities. Fielder or its employees may have an economic interest in securities mentioned herein.


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