Stephanie Petersen


Year End Checklist

With 2017 drawing to an end, most people are in the midst of winding down work projects, making holiday plans, and double-checking their Christmas lists.  Therefore, as the chaotic holiday season quickly approaches it is easy to put off financial decisions until after the New Year.  However, the final weeks […]


December Investment Comments

How Important Is Tax Reform to the U.S. Markets? The U.S. economy and the rest of the world look generally healthy.  That’s something we haven’t been able to say since before the 2008-2009 global financial crisis.  Since that time, major parts of the world have either been in recession or […]


The Importance of Temperament

Much has been written regarding the current period of relative tranquility in the market.  Investors have enjoyed a steady climb higher with few “gut checks” along the way.  The S&P 500 Index hasn’t sustained as much as a 5% decline in the past year and a half, and if this […]


November Investment Comments

The S&P 500 gained 2% last month and is now up 14% for the year.  According to finviz.com, every sector registered gains, with financials and technology leading the way. Third quarter “earnings season” is off to a strong start.  According to FactSet, with 6% of the S&P 500 reporting as […]


What to Do After the Equifax Breach

As was widely reported in mid-September, a data breach at Equifax this summer resulted in the theft of four vital pieces of credit information on more than half of all U.S. adults. Those four vital pieces are name, address, Social Security number, and date of birth. In some cases, the […]


Focus Bias and Survey Bias

“Nothing in life is as important as you think it is, while you are thinking about it.” Daniel Kahneman Thinking, Fast and Slow That may be my favorite quotation.  Those words pop into my head all the time, both at home and at work.  At home, that quote reminds me […]


September Investment Comments

“Is there anything left to be made in the stock market?”  “Everything seems so overpriced.”  “The market is so high.”  “Stock prices are ahead of earnings.”  All of these are actual quotes I’ve recently heard from clients and friends.  Investors have spoken the latter three a majority of the time […]


What is Your Real Investment Return?

Recently I spent some time with a prospect who had worked with a money manager over a number of years.  I asked her what I thought was a simple question:  What is your average annual return?  She thought the manager had performed well because her portfolio had grown nicely over […]