EP 244: From Peaks to Pits: The Full Picture of the Magnificent Seven Stocks

On the latest episode of the Trust the Plan Podcast, hosts Nick Hopwood, CFP® and Jim Pilat, CFP® delve into an intriguing article titled The Magnificent Memory Hole, which explores the "Magnificent Seven" stocks that have significantly outperformed the market.

Despite their impressive gains, the discussion highlights a crucial point: these companies faced substantial downturns in their histories. The conversation underscores that while the current market conditions may appear favorable, it's essential to remember the volatility these stocks experienced. Nick and Jim emphasize that the substantial rewards associated with these high-flying stocks come with considerable risks, and historical market fluctuations often get overlooked.

Listen to our podcast or watch the video below to learn more. 

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Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.

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