Evan does some research and discovers that the S&P 500 has had almost double returns the year that the groundhog doesn’t see his shadow on Groundhog Day. Paul, Dan, and Evan have some Groundhog Day fun on the show and talk about how you can dig around the data to find all sorts of patterns that give people a reason to gamble and speculate with their money. Listen along as the advisors have a good laugh about why they don’t plan to reallocate everything to the S&P 500 based on this “news”. Later in the show, the advisors talk about why it’s important to have a financial planner who works with you on investment decisions, but if your planner wants you to be involved in every move to manage your portfolio that should be a red flag.
Start relaxing about investing by scheduling a 15-minute call with one of our advisors here.