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April 12, 2022 By Michael Milam

Holding Equities for the Long Term -Time vs Timing

Legendary investor Warren Buffett is famous for his long-term perspective. He has said that he likes to make investments he would be comfortable holding even if the market shut down for 10 years. Investing with an eye toward the long term is particularly important with stocks. Historically, equities have typically outperformed bonds, cash, and inflation, […]

Filed Under: Mike Milam

April 11, 2022 By Michael Milam

Headwinds to Global Growth: An Economy of Two Halves

LPL Research reduced U.S. and global GDP forecasts due to Russian commodity disruptions, elevated inflation dynamics, and higher borrowing costs. Still, we expect the U.S. economy to grow 2.7-3.2% in 2022, supported by business investment and consumer services spending in the latter half of this year. Forecasts for GDP growth in developed economies excluding the […]

Filed Under: Mike Milam

April 5, 2022 By Michael Milam

How Inflation Can Crumble Your Retirement Lifestyle

Where were you in 1986? What were you doing? It was 35 years ago, but it seems like yesterday, right? I was fresh out of college. Back then, the average price for a new car was $9,255. Today a new set of wheels is going to cost you, on average, about $33,000! The average home […]

Filed Under: Mike Milam

April 4, 2022 By Michael Milam

Weekly Market Commentary: Our Stock Market Final Four

As the Final Four NCAA Basketball Tournament rolls on in New Orleans, we continue our tradition of picking a stock market final four. We have identified our four key factors for the stock market outlook: 1) Consumer spending, 2) Earnings, 3) Interest rates, and 4) Inflation. We also celebrate
last year’s winner: COVID-19 vaccines. Below we discuss these four factors, how they may influence markets this year, and pick our winner.

Filed Under: Mike Milam

March 29, 2022 By Michael Milam

Physicians: Why You Need a Financial Professional Who Understands Your Industry

As a physician, you’ve devoted a lot of time to educating yourself, building a career, and providing top notch care that enriches your patients lives, and in the midst of all that, it can be easy to overlook your finances. To ensure you’re optimizing your financial situation and making your hard work pay off in […]

Filed Under: Mike Milam

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California Financial Partners, Inc., A Registered Investment Advisor, is a fee-based comprehensive financial planning organization. Securities and Advisory services offered through LPL Financial. A Registered Investment Advisor. Member FINRA & SIPC. LPL Financial Form CRS.

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