by Ethan S. Braid, CFA | Apr 7, 2025 | Blog, Investing, Market Updates
Recently stocks, particularly the Magnificent Seven stocks, have fallen off a cliff. A recession looks all but imminent at this point. At HighPass, we have been warning investors since 2024 to update their risk tolerance, shift their portfolio away from tech stocks...
by Ethan S. Braid, CFA | Mar 26, 2025 | Asset Allocation, Blog, Retirement Planning
Retirees should plan to encounter four recessions during a typical 25-to-30-year retirement. According to Fed Chair Jerome Powell during his March 19th, 2025, press conference, the unconditional probability of a recession is in the range of 1 in 4 at any time. Another...
by Ethan S. Braid, CFA | Mar 13, 2025 | Blog, Retirement Planning
The year you retire can make or break your retirement plan. Will you retire at a good time or a bad time? You cannot really know if you have bad timing until after the fact. If you retire at a bad time, right before a recession and crash in the stock market, you won’t...
by Ethan S. Braid, CFA | Feb 18, 2025 | Blog, Investment Risk, Retirement Planning
Sequence of negative returns risk is something that many investors fail to consider when planning their retirement or assessing their risk tolerance. Sequence of negative returns risk is the risk that at some point during your retirement, you will experience...
by Ethan S. Braid, CFA | Feb 13, 2025 | Asset Allocation, Blog, Investment Risk
Stocks have been in a bull market for sixteen years. Many investors have forgotten what it is like to experience a recession. The current environment reminds me a lot of the year 2000. By the year 2000, the stock market had been in a bull market for eighteen years....
