2004 Round Up & Outlook for
2005
As we come to the close of 2004 we have enclosed our winter issue of our newsletter, which we hope you find interesting and informative.
It looks like the markets will be pretty favorable to us again this year and we continue to be cautiously optimistic for 2005:
- The positives being: global competition to keep the lid on inflation, historically low to moderate interest rates, an economy that continues to show steady growth and possible easing of tensions in the Middle East.
- The negatives being: rising interest rates, high energy prices, our national debt and the threat of terrorism.
At any rate, if we stick to our long term strategies, (reasonable asset allocation, global diversification and quality managers with proven long-term track records) which have served us reasonably well in the past; we are hopeful that they will continue to serve long term patient investors.
If you haven’t visited our website lately, www.financial-architects.com, and would like to do some planning on your own for the new year or even in preparation for getting together with us for a review, we have a number of items under the “self help” category that might be useful: “Where do I go from here?,” “Family Budget” and “Estate Planning: 16 points to ponder,” just to mention a few.
As we move through the hustle and bustle and commercialism of the holiday season lets not forget to pause and give thanks for all our many blessings; health, prosperity and freedoms, just to name a few. Let us pray for peace around the world and the safe return of our men and women in the military.
Wishing you much
happiness during the holidays and a happy, healthy and prosperous new year!
520.884.7550
jpw@financial-architects.com
2311 E. Broadway