Market Loves To Climb The Wall Of Worry

For investors in the equity market, it seems the stock market only knows one direction, and that is a move higher.

The S&P 500 Index is in its fourth year of positive returns, as seen in the below chart.

As This article was written by David I. Templeton, CFA 3.69K Followers Follow HORAN Wealth LLC is an SEC registered investment advisor that manages investment portfolios for individuals and institutions.

Our firm utilizes a disciplined investing approach that should create wealth for our clients over time.

Our investment bias is to invest in companies that generate a steady return over time, i.e., singles and doubles.

This singles and doubles approach tends to lead to investments in higher quality dividend growth/cash flow growth companies.

On the other hand, there are times when a company's stock price seems to be trading below its fair valuation.

Short term gains are possible in these situations.

I have been managing investment portfolios for individuals and institutions for over fifteen years and believe investing is like running a marathon and not a sprint.

Taking the road less traveled, more often than not, leads to higher returns.

Visit: The Blog of HORAN Capital Advisors at (https://horanwealth.com/insights/market-commentary-blog)