Read some up about last week’s news, right here:
- Fortis Financial Group (that’s us!) is getting bigger. We recently purchased Erickson Wealth Management. We now have $500 in assets under management. Come visit us at our new office.
- TSA adding facial recognition tech to your travel experience. Expect more of this in the future: some efficiency combined with more and more tracking. Will be interesting to see how far the pendulum swings
- Interesting data on when we hit or mental and physical peak. Would not have expected the marathon stats, but the good news is we can always improve.
- Fantastic piece by Paul Graham about “Great Work”.
- The media loves to speculate about why older folks are overweight stocks relative to bonds, but it’s pretty simple: bonds had a horrible 2022 so now people are scared of them. Now earnings yields on short term bonds, cash and T-bills are actually pretty juicy relative to the risk. The earnings yield on stocks likely doesn’t compensate for their risk levels.
