
The Disconnect Between Markets and the Economy
On the heels of global markets rebounding sharply in the month of April, there is a growing sentiment in the financial media that markets are not accurately reflecting the reality we are all living through. As Covid continues to spread and alter our way of life, both the human and economic toll continues to mount. […]
New “Ask Buckingham” Video Series on Current State of Markets
Our back office partner, Buckingham (better known to you as BAM), recently launched a video series called “Ask Buckingham” to address common questions and concerns about the state of financial markets. Through conversations with members of the Buckingham Investment Policy Committee and research team, this series seeks to give some perspective on the current state […]
Ah…so that’s what risk feels like
Global markets have been thumped pretty bad over the last week, and the last two trading days in particular. As of the time of this writing (Tuesday morning, 4:30am), it appears today will open lower as well. Will that hold? I don’t know. It depends on whether traders buy more than they sell today. Yesterday, […]

The Problem with New Years Resolutions
As a client of Pitzl Financial, you have likely heard us reframe the modern concept of “Wealth.” While most people today associate the word with being materially rich, the origins of the word can be traced to Middle English, when it meant “the condition of well-being or happiness.” As we entered the New Year, our […]

America Has Voted…
It is the morning of November 9th, and I can see the sun rising in the distance as I write this. Let’s all pause and take one very big, deep, collective breath. It’s over, and we are all still here. This has been one heck of a ride. We, as a nation, have a great […]

The Life Changing Power of Expert Advice
Like most eighth-grade boys, I thought I had it all figured out. I was proudly “self-taught” and didn’t need anyone to tell me what to do, especially when it came to my golf game. My mother knew better, however. Behind my back, she scheduled a lesson for me with Troy Wright, a local golf instructor. Reluctantly, […]

Mr. Market Has Quite a Temper
I had planned on writing this week about the fact that 2016 is an election year, and that the only certainty we have about any election year is that it is going to be emotionally charged and full of uncertainty. Given the way the stock market opened 2016 this week, we’ll stick with investing for […]

How U.S. Open Winners and Successful Investors Manage Their Risks
Back in 2006, during the U.S. Open’s final day of play, Phil Mickelson stood on the 18th tee at Winged Foot Golf Club with a one-stroke lead over Geoff Ogilvy, giving him an opportunity to capture his first victory in that prestigious tournament. After a wayward tee shot, Phil, who is known for his risky […]

Market Peaks – The Intersection of Paralysis, (Over)Confidence and Complacency
On a recent trip to Park City, Utah, we ventured over to the most intimidating ski terrain I have ever been to – Snowbird Resort. The mountain is littered with steep grades and cliffs, exposed rock, narrow cat tracks and some of the highest ski lifts I have ever been on. If you take any […]

The Easiest Way to Reduce Financial Stress and Drop Your Handicap
Last year Rory McIlroy finished in the top 10 in 12 of 17 events and won 2 Major Championships establishing himself as a legend in the making. Those who have had the privilege of watching Rory play in person notice what an incredible ball striker he is and immediately fall in love with the distinct […]