It ’ s been a year of milestones

for Jackson Thornton

Wealth Management .

In September , we commemorated

our 25th anniversary

in the business and now ,

we ’ re proud to announce

that we have crossed the $ 2

billion mark in Assets Under

Management .

As I reflect on this achievement , many things come to mind that have impacted this milestone . First and foremost , the confidence that our clients show in us to guide them to reaching their financial goals . Next , the solid investment approach that has been tweaked , but not changed , over the last quarter century . In addition , our ability to provide sound financial advice allowed us to maximize the accumulation of wealth of our clients .

One of the biggest forces that has impacted this success is the power of compounding interest . I ’ ve always thought that an interesting fact about Warren Buffett is that 84 % of his wealth has been accumulated since he reached age 66 , a staggering $ 92 billion of wealth creation since then . He could have said in 1996 that $ 17 billion was enough and sold some or all of his stock portfolio . After all , there was an upcoming

election won by a controversial Democratic candidate , a war in the Middle East and though he could not have known it , an upcoming crash in the stock market due to overvaluations in tech stocks . But he chose to stay invested , knowing that any issues that arose would be only temporary threats to his portfolio .

Compounding interest has also been a big factor in Jackson Thornton Wealth Management reaching this latest milestone . We reached $ 1 billion in Assets Under Management in 2017 , taking 17 years to reach that level . We have obviously added clients since then , but we also pay out over $ 100 million each year to clients to fund their spending needs . It is interesting , though , to see the acceleration of growth since that initial milestone , adding the second billion dollars in just seven years .

This brought me to a thought about something that we frequently advise clients on that I believe has impacted this milestone . Whenever an investor is tempted to get out of the market because of the news of the day , the answer is always to stay invested .

Did you just sell an asset or inherit some money ? Go ahead and put it in the market .

Investing money monthly , but don ’ t like the current valuations of stocks ? Keep buying them .

Don ’ t feel sure about the direction of the economy due to the Presidential election ? Stay the course and stick with your plan .

If you look at investing through a long term lens , there has never been another right answer other than to keep your money in the market ( or begin putting it there ). The only benefit you might get otherwise is to avoid a temporary decline , which likely reinforces the poor decision you just made to stay on the sidelines .

We certainly understand that everyone can ’ t deal with the volatility of having their entire nest egg invested in the stock market — which is why we start by helping clients select an appropriate allocation of stocks and bonds for their portfolio that fits their risk tolerance . But from there , the message is still to stick with the well thoughtout plan that you developed when heads were cooler and to remember : the right decision is always to put your money to work now .

Shaw Pritchett is a

Financial Advisor and

President of Jackson

Thornton Wealth

Management in

Montgomery .

SHAW PRITCHETT

334.240.3679

60 CentrAL Inc !