With investors’ concerns around inflation, Covid, and monetary policy, investors are concerned about a market correction. Here are our thoughts on the matter. When investing, you will always be reminded that Past Performance is no guarantee of future results and Past Performance is not indicative of future results. But for us at BSFS Advisors, Past Performance is still the most significant indicator that we have to go on. I repeat, Past Performance is the most significant indicator that we have to go on. In the last 36 years, our funds went through: Black Monday, the Kuwait War, the impeachment of Bill Clinton, the Dotcom crash, 9/11, the Afghan War, the Iraq War, 2008 financial meltdown, Trump winning, being impeached twice, and Covid. We have seen how our mutual funds reacted to these events.

With our strategy of having several mutual funds spread across different sectors, you have overlapping up and down years. Since 1985, our portfolio of funds has averaged 92% up years with over 14% returns. During the Dotcom crash, which lasted 3 years, the market took 7 years to recover, we took only 4.5 years. During the 2008 financial meltdown, the market took 4 years to recover, we took only 2.5 years. Many mutual funds have sales commissions of up to 5.75%. We searched for years for commission free mutual funds that provide the highest returns with the least down years. Your other options are:

1) Managed Asset Accounts, which return around 6-10% with annual management fees of 1% to 2.5%.
2) Target Date Funds that range from 4%-7% over their lifetime.
3) ETF’s that follow the market. Since 1985, the market (the average of the NASDAQ, Dow Jones and S&P) has returned 12.21% with 83% up years.

Our portfolio of funds significantly outperforms all of these other options in both returns and stability.

I would like to leave you with this: Please try not to get caught up in the day-to-day fluctuations. Look at your account when the market is up and be happy. When it is down, take advantage of downturns by investing. Try to put your emotional energy into things you can affect. In the long run, the market has always gone up.