Dear Friends and Family,

Volatility is one of the drivers of poor investment returns — if and only if you pay attention to it. Studies show that ignoring volatility is one of the best techniques that can lead to outperformance. Volatility-generated panic selling and low rates of reinvestment have led to underperformance for the general public in the 21st century. Buying great companies at great prices and ignoring market fluctuations has worked better than any other investment technique we know of. This is a topic we will elaborate on next month.

Being that it is April, tax time is fast approaching. If you have not made your 2013 IRA contribution, the deadline is April 15th, so do not delay. If you are unsure whether you’ve already made your 2013 contribution, please don’t hesitate to call us — we’re happy to help verify. You can also check your contribution history at Fidelity.com by reviewing your IRA statements.

Additionally, check with your tax advisor to see if our fees are deductible. Fee information can be found on your year-end statement at Fidelity.com, listed under “Statements,” not “Tax Statements.” If you have trouble locating it, please let us know and we’d be happy to email or mail you a copy.

This is also a great time of year to update your financial and personal information. Have you retired? Started a new job? Changed your name due to marriage? Moved recently? It’s important that we maintain the most current information for you. We also need your updated email address — more of our communication going forward will be via email. Please email Aly with any updates at Aly@katzfamilyfinancial.com so we can ensure your profile is accurate.

While we’re on the topic of email, please also visit the Social Security Administration website to provide your email address. They no longer send paper copies of annual Social Security statements if you’re under 60 years old.

Sincerely,

Katz Family Financial