Back to all posts

August 14, 2020 Update

August 14, 2020

Dear Clients,

It’s hard to believe that summer is almost over! We hope everyone has found ways to stay cool and keep smiling. Most of us in the office have been preparing children to go back to school, interns Ashlyn and Tanner are moving to Bloomington as IU students in a few days. We want to send a huge THANK YOU to all educators who are demonstrating maximum flexibility and creativity to keep our young people on track as best they can. 

It’s a Girl!

Bookends Financial Planning is pleased to announce our newest team member, Lucy Marie Hargis. She arrived safely on 7/30, weighing 7lbs, 12 oz., 18 inches long. Lucy is a very relaxed baby and is settling in nicely with her boisterous older sisters. She hasn’t yet been given an official title but her arrival has certainly been the reason for much joy in the office.
Congratulations to Heidi & Dave!

Speaking of Girls….

Presidential Candidate Joe Biden announced Kamala Harris as his VP running mate this week. One of the top questions we have been asked lately is how will the Presidential election result affect the stock market and portfolios?

Click here for a piece from Brian Levitt, Global Market Strategist for Invesco North America, highlighting the 10 truths no matter the outcome of the 2020 Presidential Election. 

Our 10 truths no matter who wins:

1. Markets have performed well under both parties.
2. Investors are better off staying fully invested. 
3. We do not radically re-engineer the US economy.
4. The historical narrative is not as you remember it. 
5. Signature legislative accomplishments are infrequent, and the impact is not always as expected.
6. Predictions tend to be wrong.
7. Monetary policy matters more. 
8. It’s okay if you don’t like the President. The market doesn’t care. 
9. No, this is not the most vitriolic election. (Anyone see Hamilton?)
10. Don’t confuse partisan politics with market analysis and keep your eye on one indicator. 

We can all agree that no matter who holds office in January, the US economy will face the same headwinds. The important questions we want to answer for clients relate directly back to YOUR financial plan.

So Let’s Talk About Risk…

We have an updated risk profiler that combines a “financial plan” score with an “investor” score that we’re asking clients to complete during review meetings. Sarah Boston has a new Book Club video where she features peppers fresh from the garden to talk about risk!

The Power of Financial Planning 

We would like to extend a thank you to those of you who have referred new clients to us recently! You have given us the greatest compliment by doing so. Beyond investment portfolios, financial planning is designed to answer questions and empower decision making. If you know of anyone who is seeking a financial planner, we are accepting new clients and appreciate the referrals!

As we move toward the last half of the year be sure to get your review scheduled! We offer meetings in person, via Zoom or phone and are scheduling now through Thanksgiving.

Email to get on the calendar!

-The Bookends Team 

Financial Advisers

Mike Wetzel, Financial Adviser, Principal:
Sarah Boston, Financial Planner, Investment Consultant:
Chandy Wilcoxon, Financial Adviser:


Mindy Christian, Operations Manager:
Bridgett Mueller, Operations Assistant:
Tina Barrow, Client Services:
Heidi Hargis, Chief Compliance Officer:
Gene Trueblood, Chartered Financial Analyst

7320 US 31 S Indianapolis, IN 46227

 If you do not wish to receive emails from us, primarily intended to advertise or promote products or services, please reply to the sender of this email stating that you do not want to receive such emails. If you opt-out of this type of email, we will continue to send to you emails that are not primarily advertisements/promotions, including emails addressing information related to servicing your accounts. 
Investment advisory services offered through Bookends Financial Planning. Securities offered exclusively through Raymond James & Associates, Inc. Member FINRA/SIPC. Bookends Financial Planning is not a registered broker/dealer. Bookends Financial Planning is not affiliated with Invesco. Links to third-party websites are being provided for informational purposes only. Bookends Financial Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Bookends Financial Planning is not responsible for the content of any third-party website or the collection or use of information regarding any websites users and/or members.
Expressions of opinion are provided as of the date above and subject to change. Any information should not be deemed a recommendation to buy, hold or sell any security. Certain information has been obtained from third-party sources we consider reliable, but we do not guarantee that such information is accurate or complete. This report is not a complete description of the securities, markets, or developments referred to in this material and does not include all available data necessary for making an investment decision. Prior to making an investment decision, please consult with your financial advisor about your individual situation. Investing involves risk and you may incur a profit or loss regardless of strategy selected. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct.
Whenever you invest, you are at risk of loss of principal as the market does fluctuate. Past performance is not indicative of future results. Purchases are subject to suitability. This requires a review of an investor’s objective, risk tolerance, and time horizons. Investing always involves risk and possible loss of capital.
 Any information provided in this e-mail has been prepared from sources believed to be reliable but is not guaranteed by Bookends Financial Planning and is not a complete summary or statement of all available data necessary for making an investment decision. Any information provided is for informational purposes only and does not constitute a recommendation. Bookends Financial Planning and its employees may own options, rights or warrants to purchase any of the securities mentioned in e-mail. This e-mail is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this message in error, please contact the sender immediately and delete the material from your computer.
Bookends Financial Planning does not accept orders and/or instructions regarding your account by e-mail, voice mail, fax or any alternate method. Transactional details do not supersede normal trade confirmations or statements. E-mail sent through the Internet is not secure or confidential. Bookends Financial Planning reserves the right to monitor all e-mail.