THM Wealth Management

Candidates are already jockeying for position as the U.S. Presidential elections begin to gear up. Of course the parties will bemoan the other, what do you expect!
Per JP Morgan Asset Management, $10,000 invested in the companies comprising the S&P 500 index in 1937 is valued at $100,000,000 in 2021. Just let that sink in for a moment; a total return of 100 million dollars over 84 years from just 10 thousand dollars with no regard to "red" or "blue" partied-Presidents!
Given these facts, consider helping generations to come by taking advantage of 529 educational strategies, step-up in basis strategies and non-qualified stretch annuity strategies. Generally not fond of annuities however sure do like their generational planning capabilities.
Investors cannot invest directly in indexes. The performance of any index is not indicative of the performance of any investment and does not take into account the effects of inflation and the fees and expenses associated with investing. All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful.

In their 3Q/2022 Guide to the Markets, JP Morgan Asset Management published numbers to questions we have received this year. The S&P index peaked in January, 2022. Here it goes; the index will need a 21% gain to return to that level in one year, or two 11%'s over two years, three 8%'s over three years, four 6%'s over four years or average 5% for the next 5 years. Considering the rolling 20-year average for the index approximates 10%, looks like it will take slightly over 2 years.
Investors cannot invest directly in indexes. The performance of any index is not indicative of the performance of any investment and does not take into account the effects of inflation and the fees and expenses associated with investing.

I do a fair amount of repairs and maintenance on my ICEV's. I read EV's have fewer parts, especially moving parts. A typical ICEV has 30,000 parts; an EV is half. An ICEV drivetrain has 200 moving parts; an EV 20. Tesla claims 17 in its drivetrain. Wow!