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Weekly Market Review

Weekly Market Review

Good afternoon,


How to “Retire on Purpose.”

Is the title of a workshop to which we were invited via email blast last week. Which certainly sounds better than “Retire by Accident.” We haven’t responded to the invite yet, and we probably won’t, but we like the idea of retiring on purpose. To do that, of course, you’ll need a plan. We can help. Even if you don’t plan on retiring at all, the WMR probably won’t, you’ll still need a plan. We can help with that too. Retiring or not both cost money and the longer you intend to do either, the more money it will cost.


Are you stressed?

If you’re an American, you’re among the most stressed people in the world according to this survey.

There should be an underlying discussion about whether or not we Americans should be stressed, given the fact that we live in the greatest country in the history of the world and there has never been a better time to be alive on the planet, but we’ll let that discussion lie for now.  Let’s assume that the survey is correct and that we are indeed stressed. We certainly all feel that way from time to time.

Stress is bad. Stress can cause health problems. Stress can cause premature aging. Stress can cause a lot of issues. As a matter of fact, in our studies of longevity one of the keys to living longer and more importantly healthier and happier, is how well a person deals with stress. Just make sure that you deal with it in a healthy fashion. Physical activity, yoga, meditation, breathing exercises, nature, pets, hobbies, etc. can be helpful for some. Unhealthy solutions, smoking, junk food, using substances, bad behavior and the like, will just make matters worse. So if you know someone who’s stressed, or if you are one, find something positive to help deal with it.


We promised we wouldn’t mention taxes again so soon after April 15, and we’re sorry if the subject stresses you out, but Lincoln’s planning department recently came out with a tax planning strategies guide which you might find helpful.  We’ve attached it this week for your enjoyment. So don’t be stressed about taxes, be happy that: A. you make enough income in order to have to pay taxes and B. there are some fully legal and available strategies for reducing the burden. Give us a call to talk about which strategies might be appropriate for you.


Shameless plug for the week. This goes out to the business owners in the WMR universe. Do you know what your business is worth?  It’s typically the most valuable asset they have, yet most business owners don’t really know what it’s worth. Lincoln and a handful of its advisors, the WMR is one, have a strategic relationship with a business valuation company. Using, and answering some brief questions, we can provide and estimate of a business’s value. This can be important for buy/sell agreements, insurance purposes, estate planning, etc. So if you’re a business owner, thinking of buying or selling a business, or know someone who is, give us a call.


Lastly, here are some WMR business and personal updates.

The WMR website is under construction. We’re only allowed to choose from a handful, 3 to be exact, of website providers in order to build our site. This is for compliance reasons, everything we include that you will eventually see must be scrubbed by the compliance people before you can see it. Therefore, there will be parts of our site which are appropriately bland, compliant and boring like so many others in our industry. However, since the WMR has a bit of personality, we hope, and our compliance department knows us pretty well by now, we hope, there will be some other more interesting components that will be a little different from everyone else.  We plan to include components about physical fitness as well as financial fitness. We plan to include archives of past WMRs in writing and corresponding podcasts as well. We’ll include, with the appropriate disclaimers of course, links to things that we find interesting, educational and/or helpful. Stay tuned for a launch sometime in May.


In a personal update, our left shoulder seems to be healing well, albeit slowly. It’s been about 3 ½ months since rotator cuff surgery and our range of motion is very good but our strength hasn’t returned as rapidly as we’d hoped. We’re told that we’re progressing well and that the strength will come. Our right shoulder, however, has some issues of its own. It seems that there are several tears on that side, some full, some partial, that will require surgery too. We’ll try to get through golf season if possible and get it fixed later this year. If we can’t, we’ll get it fixed sooner.  Déjà vu all over again, but by the end of 2019, we should be the $6 million dollar man, new and improved. Our health insurance deductible has been blown for the year already, so we might as well fix everything that needs fixing.


In offspring news, our oldest is about to complete his freshman year of college and do so in fine fashion. Our teenage daughter will be moving on to her junior year of high school, which may be unnecessary because she already knows everything, just ask her. Or it might just be that her parents just don’t know anything. Our youngest will be entering high school in the fall and she’s “scaredcited.” What do you mean? “I’m excited, but also a little scared.” Which is just about how she should feel entering high school.


LF25 – “It’s not the load that breaks you down, it’s the way you carry it.” – Lou Holtz


Have a great week.


Michael J. Acho, MBA, CFP®
Private Wealth Advisor
Lincoln Financial Advisors/Sagemark Consulting
1000 Town Center, 26th Floor
Southfield, MI  48075
248-948-5100 direct
248-948-5101 fax
248-933-4339 cell


If you do not want to receive future emails, please call me at 248-948-5100, or email me at or write me at 1000 Town Center, 26th Floor, Southfield, MI  48075.

Lincoln Financial Advisors Corp. and its representatives do not provide legal or tax advice.  You may want to consult a legal or tax advisor regarding any legal or tax information as it relates to your personal circumstances.

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Michael J. Acho is a registered representative of Lincoln Financial Advisors Corp.

Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker-dealer (member SIPC), registered investment advisor and an insurance agency. Insurance offered through Lincoln affiliates and other fine companies. CRN-2067201-032318