E-Magazine April 2024

The Barry Team |

We hope this finds you and your family doing well and looking forward to Spring!

In this edition you will find a link to Joe's Market Update where he discusses the impact of the tech stocks dominating the market. Please also be sure to scroll all the way down to read some updates from the team!

Click below to listen to Joe's latest Market Update.

Click Here to Listen

Please contact our team if you have questions about the investment markets or your personalized wealth management strategy.

Best Regards,
The Barry Team

Chart of the Month

The Index became more concentrated as the Magnificent Seven stocks outperformed. At the end of 2023, the Magnificent Seven stocks represented more than 25% of the market capitalization of the S&P 500. At the end of the dot-com bubble in 2000, index concentration also reached a multi-year peak. In both cases, the price-to-earnings ratio (P/E) of the top seven stocks far exceeded the average P/E of the overall index.

This chart originally appeared here.

Investing Wisdom

“I think the record shows the advantage of a peculiar mindset - not seeking action for its own sake, but instead combining extreme patience with extreme decisiveness."

- Charlie Munger

The Lighter Side of Investing

Employee Happenings

It was another busy month for the Barry Team!

  • Beth Parker and Lauren Lennahan both celebrated March birthdays. Happy Birthday to you both!
  • Kate Alves attended the Barron's conference in Salt Lake City, UT. She was able to network and brainstorm on latest market and business trends with other women in the finance industry who live all throughout the country.
  • Beth Parker attended the RIA Summit in Boston and enjoyed a day of idea generation and networking.
  • Kate Alves, Whitney Holland and their families enjoyed the annual bowling fundraiser, "Strikes for Hope," which raised funds for My Brother's Keeper in Dartmouth, MA. They even won the trophy for the most strikes bowled by a corporate team!