Commentary & Market Analysis
March 10, 2010
The average investor is often affected emotionally by short term gyrations as the investment "crowd" moves in one direction, and the market in another. During February we saw heavy bearish sentiment readings from surveys such as Investor's Intelligence and American Association of Individual Investors.
February 1, 2010
The difference between my mindset and Hogan's is that my golf shot really didn't matter and his did. I was playing for fun, he was playing for keeps. There is a parallel between that story and Stadion's philosophy of managing money. We realize that clients are trusting us with their serious money. Money they know they'll need to live a comfortable retirement. They are playing for keeps.
February 2010 Market Commentary
February 1, 2010
What a difference a couple weeks can make! After a strong start in the first week of the New Year, we saw a sideways second week, and then watched the third week descend into uncertainty.
December 8, 2009
It is important to understand that we are not trying to "beat the market" in the short-term and we fully expect to lag a little in strong up markets. However, this year the reason we've underperformed is because of our safety measures - the same safety measures that allowed us to avoid major losses in 2000-02 and again in 2008.
November 5, 2009
Most investors focus only on market risk - buying something and hoping it doesn't go down. But the greater risk is having prices, over a very long term, go up more than your spending power.