The Joseph Group

Wealth Notes: Year: 2019

Wealth Notes is a regular digest provided to you: our valued clients and friends. Our goal with each issue of WealthNotes is to provide you with two perspectives on wealth: one that aims to inspire and the other that aims to inform.

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  • Expression Without Limitation

    March 21, 2019

    To Inspire: Perhaps you have heard of Open Door Art Studio & Gallery here in Columbus, Ohio.  Open Door is home to 112 artists with disabilities.  They have access to the studio Monday through Friday to enjoy “expression without limitation.”  On Wednesday, March 20th, we held our second Women’s GatHERing at Open Door Art Studio […]

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  • Would You Give Me Some Credit?

    March 20, 2019

    To Inform:  Earlier this week, JP Morgan released its Global Asset Allocation Views for the 2nd quarter.  Overall, JP Morgan is slightly defensive in their views and recommend a slight overweight to bonds and a slight underweight to stocks as they expect markets to remain “range-bound” in the months ahead.  As we read through their […]

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  • 6th Annual Ohio Institutional Investment Forum

    March 14, 2019

    To Inform: Earlier this week, three members of The Joseph Group team (Mark Palmer, Aaron Filbeck, and Travis Upton) attended the 6th Annual Ohio Institutional Investment Forum.  The event largely consisted of panel discussions of Chief Investment Officers and Portfolio Managers from organizations such as The State Teachers Retirement System of Ohio, the Cleveland Clinic, […]

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  • Three Wishes for Ruby’s Residents

    March 14, 2019

    To Inspire: Two weeks ago, CBS Sunday Morning shared the touching story of 11-year-old Ruby Chitsey of Harrison, Arkansas who sometimes joins her mom Amanda, a nurse, when she travels to local nursing homes to provide basic medical care.  It was on one of those visits that Ruby started going into residents’ rooms with her […]

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  • Beware the Ides of March?

    February 27, 2019

    To Inform:  The global stock market has had a terrific start in 2019, with the MSCI All Country World Index returning over 7% in January and adding to those gains in February.  The key question on investors’ minds is “will the stock market gains continue?” As we discussed at a recent “Portfolios and Pints” event, […]

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  • The Power of Perseverance

    February 26, 2019

    To Inspire: Perhaps you’ve heard of Meb Keflezighi, a world-class marathoner and an American citizen originally from Eritrea – a small war-torn country on the horn of Africa.  For all of us facing the challenge of aging, Meb’s story (shared in the March 2019 issue of Guideposts Magazine) is a great inspiration.  Meb Keflezighi*   […]

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  • Helping the Homeless

    February 22, 2019

    To Inspire: I (Matt Palmer) am just getting back from a four-day trip to visit our daughter, Mary Grace, who is doing a year of volunteer work at the St. Joseph Center which serves individuals and families experiencing homelessness on the west side of LA.  Here is a quick video that shares my experience at […]

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  • Stocks Up but Earnings Estimates Down – What Gives?

    February 21, 2019

    To Inform:  So far in 2019, stock prices have gone up but analyst estimates of corporate earnings across the world have been declining.  The chart below looks at MSCI World (the entire global stock market) earnings estimates for 2019.  Since October, the estimate for global earnings has fallen from about $144 per share to $137 […]

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  • A “Tail” of Two Markets

    February 14, 2019

    To Inform:  The S&P 500 rebounded +7.9% in January after a large drawdown of -9.2% in December. Those are some big numbers for one month periods, but neither should really be considered “normal.” Source: Payden & Rygel   The chart from Payden & Rygel is a nice visual of the historical monthly returns dating back […]

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  • The Value of Virtues

    February 12, 2019

    To Inspire: Have you noticed how challenging it is to become the person you want to be, the best version of yourself? Benjamin Franklin desired to become the best version of himself; he shared in his own journal that he wanted to be a man of high moral character, a virtuous man.  And as a […]

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