November stock markets rose strongly, adding to this year’s growth. International as well as domestic stock prices gained while REITs lagged and bonds were generally flat for the month.
The new year may bring a custodial change as Schwab proposes to buy TD Ameritrade. Clients who have been with us for many years have been through this before. The custodian of our accounts changed in 1997, 2003 and 2005. If this change is approved, perhaps by next summer we expect another smooth transition. We’ll keep you updated as this unfolds.
Celebrations, like knots in a web, strengthen the bonds that support and recharge us. Family who are friends and friends who are like family provide a solid core to one another. This wealth is ours to share. A helping hand from a stranger eases a heavy burden. Peace on earth begins with simple kindness and joy to the world happens one heart at a time.