Sycamore Updates and Investment Decisions

Hello from Sycamore,

We admire everyone’s efforts to stay safe as we all continue to navigate through challenging times caused by COVID-19. At Sycamore, we take pride that during these times of uncertainty, there are quite a few things we can remain certain about:

  1. We are fully operational via phone or email for all questions, concerns, and account reviews.
  2. Our clients continue to be the most important asset to our business.
  3. Helping our clients achieve their financial goals, is our number 1 objective.

We use a ‘risk first analysis’ in our investment decisions. This means when considering an investment, we judge the stability of a company and its industry, and the longevity of that stock within its sector. Using this approach has helped us limit exposure to industries like airlines and entertainment that are not very predictable, and due to the uncertain nature of these businesses, we’ve kept most of them out of your portfolios.

This is not our first rodeo, we are no stranger to the fact that there will be good markets and volatile markets. Understanding this, when we put your individual financial plan into place, we consider this as we make the rate of return assumptions.

As we look back over 2019, we can proudly say Sycamore’s Growth & Income portfolios experienced gross returns above 27%. We also feel that it is important to point out that as we write this, the markets are currently sitting around 24,000 which also happens to be higher than where we began the 2019 year.

We continue to thank all of you for being great investors. Stay safe, wash your hands, and stay invested!

Thank you for your business and trust,

Brent Yard
Sycamore Financial Group

*Data not audited
**Results reported gross of fees
***Past performance does not assure future results. Investors cannot invest directly in the stock market indexes such as the S&P 500. The investment return and principal value of an investment will fluctuate. Investor value, when sold may be worth more or less than their original cost.