Eight Years Ago Today…

On March 9, 2009 the S&P 500 hit a low of 667 (as I write this it is trading at 2365).  It seems like an eternity ago, but I thought it would be fun to pull out the letter we sent to clients on February 26th of that year, just a week or so before the ultimate bottom.  While reading the letter I am reminded of the carnage we felt all around us at the time.  More importantly, I am proud of the way we counseled clients through the worst investment markets since the Great Depression.

Feel free to click on the link below to stroll down memory lane…

GWM Client Letter.Feb-2009

Information contained herein has been obtained from sources considered reliable, but its accuracy and completeness are not guaranteed. It is not intended as the primary basis for financial planning or investment decisions and should not be construed as advice meeting the particular investment needs of any investor. This material has been prepared for information purposes only and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Past performance is no guarantee of future results.