As we reflect on the past year, we are proud to share the growth our firm has experienced, a direct result of the trust and partnership we have built with each of you. Your confidence in our services has been instrumental in helping us reach new milestones, and we remain deeply committed to supporting your financial goals. Looking ahead, we are excited to continue providing fiduciary planning services, ensuring that we help you navigate life’s financial journey and live your best financial life. Thank you for being an essential part of our success!
Capital Market Returns (as of 11/30/2024)
In response to the market performances shown above, one thought stands out: the results for 2024 are, indeed, unexpected.
Few investors in early 2024 would have anticipated that US equity markets would produce such significant returns, let alone to this extent. This situation is a reminder of a timeless truth: accurately predicting market outcomes is impossible and can lead investors to make perilous decisions with their life savings. The “quilt” chart below, which we regularly present to our clients, highlights the variability of investment returns across major asset classes. Ask yourself, “Which pattern does the chart follow?” The answer is that there are no discernible patterns. The chart includes a trend line showing the annual performance of a Balanced Portfolio (60% Risk Assets, 40% Diversifiers), which generally remains near the middle of the return spectrum. This illustrates the reduced volatility that comes with being adequately diversified across various market sectors.
The key takeaway is that no one can predict with certainty how the markets will perform in the coming year, or even in the years ahead. What we do know is that diversification and discipline have consistently rewarded investors over time. On the other hand, attempts at market timing or speculation are more likely to undermine long-term investment returns.
View our Investment Philosophy Statement here.
Annual Returns of Key Asset Classes (2014-2024)
At Fortress Wealth Planning, we are not simply “asset gatherers” or “Investment Managers.” Our approach goes beyond accumulating wealth – we focus on providing an extensive range of services that support every aspect of your financial life. From retirement planning and tax strategies to estate planning and risk management, we take a comprehensive view to ensure your financial plan is tailored to your unique goals and needs. Our commitment is to help you achieve long-term financial security with strategies that adapt to the changing dynamics of your life.
