As we mentioned at the first of the month, October has a way of creating a ruckus! This October is no different….
It has been bumpy ride, but at this point our test and re-test theme seems in tact…
We are still a bit surprised about not being surprised on this….
This is why we are conservative by nature and as a firm…..
Earnings are coming in good….
Reinvestments are being made at better prices …
We are almost finished with October and into a “historically” a good time of the year…
We are watching, monitoring, and using this movement to get a good feel of our allocations…. and our comfort zones….
Things can change for the better rather quickly…just saying!
Tomorrow and Friday are travel days, but watch for a super post on Friday from the road concerning the Vault and a theft…
Have a Great “Bumpy October” Day!
John A. Kvale CFA, CFP