The Lowry Letter®

Week of 9/27/2022

Hurricane Ian is heading to Florida, so the Lowry Letter® is earlier than usual so we can brief you on our Emergency Procedures. The storm is likely to make landfall Wednesday night/Thursday morning, though that may change. Floridians have entered the mode where we divide our day into the 3-hour increments between NOAA updates.

In the event the storm requires office closure, we will be working remotely and will be able to review phone messages and email and respond to your needs.

If we lose power or internet access locally, urgent requests can be directed to Commonwealth by calling their Service Center at 800-251-0080 and selecting option 2.

Even if our office is damaged and we are unable to enter our physical premises, we have access to all necessary information and documents so that we can continue to provide a high level of service.

If you have specific questions or concerns about your situation, please contact us.

A Hurricane means rain, lots of it. A drop of water spends, on average, 9 days in the atmosphere before falling back to earth. A drop of water in the ocean could spend 3,000 years there before evaporating again.

The TSA finds lots of guns at security checkpoints. Hartsfield-Jackson Atlanta International Airport is by far the winner, followed by Texas’ two largest airfields.

Our family is enjoying the new Star Wars series, Andor, available on Disney+. We also recommend The Rings of Power, Amazon’s Lord of the Rings prequel. Also good, PBS’ All Creatures Great and Small, based on the real-life experiences of an English veterinarian.

The Miami Dolphins are… good again? They have a new coach, renewed hope, and a 3-0 record to go with it.

Hurricanes bring out the most risk-acceptant surfers to test the storm-aided waves. We learned that Mark Twain was one of the original “surf writers.” He tried surfing and wrote about it in 1872.

Q: How often do you review our investments?

A: In nearly every case, we manage money using risk-based investment models. By using models, we can pay greater attention to the holdings in the model. Many of you have the same holdings, with the percentage allocated to each varying according to your specific goals and timeframe. If a change is appropriate, we can make that change in each model and greatly streamline the process.

This approach also facilitates changes between models. For many reasons, it may be appropriate to change the model that we are using for a client, and those adjustments are very straightforward.

We review our models at least once per quarter, though informal review and consideration happens frequently. We partner with Commonwealth and investment firms to review and benchmark our models as well.