Thanksgiving Day Gratitude | Investment Advice

Satovsky Asset Management

Jonathan discusses investing in the Markets vs. Cash – maintaining a long term investment perspective. Metrics on business / stock ownership vs. cash.

Good afternoon. This is Jonathan Satovsky of Satovsky Asset Management. November 21st 2018 with a video blog update.

And why don’t I wish everyone a Happy Thanksgiving.

Pre-Thanksgiving to give gratitude and thanks for the wonderful things in our lives, friends, family, good health and good meal. And hopefully a Detroit Lions victory on Thanksgiving.

So this is particularly important on this Thanksgiving because the last month and a half in the financial markets and business cycle have been very negative with a lot of headlines that have been promulgating a lot of negativity.

And trying to convince people that the future is going to be bleaker than the past.

And the nature of businesses just to put it in perspective if you’re measuring owning businesses versus having money in cash.

Cash is going to outperform or let’s say cash versus stocks.

Stocks will outperform cash 51% but if you’re measuring by a day.

If you’re measuring by a year, 66% of the time, 66% of the time businesses will outperform holding cash.

Over 10 years 90% of the time owning businesses will outperform cash.

So the measuring stick and the time frame and the perspective and expectations is very important.

Setbacks do happen but over time one thing is been a very high probability is that inflation in the cost of living does go up.

And over a lifetime and multiple generations of lifetimes having an ownership stake in businesses which is owning the market or investing in stocks is a perspective that people should continue to maintain even though it’s not always glorious.

So there’s a degree of resilience that’s needed and it’s not someone’s intelligence to be able to maneuver to know I should be all in and all out this week or this month.

But it’s a matter of temperament and a matter of perspective of are you planning for the next week, the next year, the next 10 years or a lifetime.

And that should help frame the appropriate structure for your planning and investing over a lifetime.

With that have a happy Thanksgiving.


Jonathan M. Satovsky, CFP, ChFC, CIMA, CPWA
Satovsky Asset Management, LLC (SAM)
232 Madison Avenue, Suite 400
New York, NY 10016
Phone: 212.584.1900


Get the Latest Wealth Insights, Delivered.

Video Recorded November 21st, 2020

This blog post is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation or offer to buy any securities or interests in any strategy offered by Satovsky Asset Management, LLC (“SAM”). SAM is a registered investment advisor with the Securities and Exchange Commission – for more information see Please remember that different types of investments involve varying degrees of risk, and that past performance is not indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the strategies recommended or undertaken by SAM) will be profitable. Market index information shown herein is included to show relative market performance for the periods indicated and not as standards of comparison. The market volatility, liquidity and other characteristics of SAM’s portfolio composition are materially different from the securities listed on public market indices. Market indata. Opinions are as of date of video and are subject to change. A copy of SAM’s current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. SAM undertakes no duty to update information presented herein.

Further Reading

Lessons from St Andrews | Wisdom, Wealth, and Wellness

Jonathan Satovsky reflects on his recent experience of playing golf at The Old Course at St Andrews, drawing parallels between the sport and life lessons that any investor can take...

Tracking Error | Wisdom, Wealth, and Wellness

Wealth management is all about cultivating lasting financial confidence over generations. Drawing insights from Warren Buffett’s long-term investment approach, Jonathan Satovsky takes a look at the concept of direct indexing...

Process Over Performance | Wisdom, Wealth, and Wellness

Explore the essence of investing beyond mere performance metrics in our latest blog post. Delve into the importance of challenging the bias of hindsight and learn why prioritizing curiosity can...

Talk to an Advisor today

232 Madison Avenue, Suite 400 New York, NY 10016
(212) 584-1900

Website Developed by Finovo

Get Wealth insights Delivered To Your Inbox

Don’t miss a beat – Sign up to have the latest investor insights, mindfulness tips and market news from our blog delivered right to you.