When it comes to investing, many of the rules are helpful shortcuts that can keep you from making less obvious financial mistakes. With a little financial sophistication, however, you quickly learn that many of the investing “rules” are merely guidelines that should be questioned and occasionally ignored.

GKV Capital Management was founded by Peter Vogel in 1975. Thank you to all of our clients for your trust in us for the last 50 years. We look forward to being able to continue to work for you in the years to come.

Corporate earnings and earnings growth are the most important drivers for stock prices. Second quarter earnings results were very good, pushing the U.S. equity markets higher.