How do Trustees protect themselves against the risk of them being held personally accountable for investment decisions they make?

The collapse of First Republic Bank is a harsh reminder that any stock can go to zero, no matter how established a company is, or how loyal and wealthy its customers are.

2022 was one of the worst years on record for performance in the global bond market. The Barclays U.S Aggregate Bond Index (a broad measure of the U.S. bond market) posted its worst year since records began in 1976, down 13%.

A normal pathway through life will deliver some unexpected crises. To say they are unexpected is perhaps not correct as we all expect to face problems at some point. It’s just that they arrive unexpectedly.

The tendency to compare your situation with those around you is ingrained in the human condition. Whether consciously or unconsciously, to some extent we all filter our decisions through a comparative lens.

The last new all-time high for the S&P 500 was on January 3, 2022.

That means it’s been almost 450 days since we’ve experienced new highs in the stock market.

That feels like a long time.