December 2011 Newsletter

Dear Friends and Clients,

Once again, we are entering that magical time we call the holidays. Given the times, this may cause even more stress when we try to give all that we want to give but may not be able to afford to do so. Remember the things of real value aren’t ‘things’ at all and the best gifts in the world don’t have a price—gifts of intimacy and connection, creating a wealth of memories, listening, devoting time, and just being there for those you care about.

It’s been a wild roller coaster ride in the markets this year. Next year will, hopefully, provide some consolidations and solutions that create more stability. The S&P 500 gained +4.3% (total return) on 11/30/11. It gained +4.3% (total return) over the 43 trading days prior to 11/30/11!! This illustrates the importance of always being invested. Just missing one day in the market may be calamitous to your return in the markets.

We make sure each investor is broadly invested at all times.

I recently read some interesting articles and I wanted to share a couple with you. One describes Wall Street’s Three Big Lies.

The other one is fascinating: Steve Jobs’ opinion on Why Big Companies Die. I happen to agree with him that a company losing the emphasis on innovation and passionate creativity and service, and placing focus instead on sales and cost savings, is a prescription for self-destruction.

We at Osprey Money Management wish everyone a wonderful holiday and terrific year next year. To our clients, we extend a very heartfelt thank you for your continued relationship with us. You and your financial health are our purpose, cause and passion.

One more thing, let’s support our local businesses when giving during this holiday season. Buying local products, gift certificates for local services, and locally-made crafts helps us all!

This entry was posted on Wednesday, December 14th, 2011 at 11:40 am and is filed under Newsletters.