Markets Up, We Are Happy, Markets Down, We Are Investing.

Our strategy's last 3 years were very strong with returns of 32.35% in 2019, 30.93% in 2020, and 17.77% in 2021.  This year, factors such as Covid, inflation and war have weighed on the market.   Though we have recovered from our lows, our strategy is still down -9.22% for the year.  This has provided us with what we see as a good opportunity to invest while the funds' prices overall are lower.  Please continue reading to understand more about how we look at opportunity in the context of the L.O.R.D.S. Investment Strategy, which stands for Longevity, Opportunity, Returns, Diversity and Stability.

In our previous update, we began a review of the L.O.R.D.S. Investment Strategy, starting with the importance of Longevity.  While past performance is no guarantee of future results, we still look at a fund's history as the most significant indicator that we have to go on to understand its likely performance over the long run.  The next factor that we look at is Opportunity.  Since our funds have an average history of 39 years, we can look back at the cycle of each fund to pick a low point to invest in.  Specifically, we look to see that a fund’s recent returns are underperforming its lifetime return.  This usually makes it a better opportunity than a fund whose recent returns are outperforming its lifetime return.  As we say here at B.S.F.S Investment Advisors, when the markets are up, we are happy and when the markets are down, we are investing.

Feel free to give us a call if you have any questions or would like some assistance with your investments.  Thank you.

Sincerely yours,

Samuel Schaeffer