Sound Financial Bites

In this episode of More Than Commas, Cory Sheppard breaks down the risks of going all-in on the S&P 500, especially after its recent high-performing years. He explores how the index has become increasingly tech-heavy and dependent on the “Magnificent Seven,” making it more volatile than it seems. By examining historical data from different time periods—including the 2000s “lost decade” and early 20th-century downturns—Cory shows why diversification across asset classes, rather than chasing short-term outperformance, leads to a more stable, reliable investment experience. Whether you're near retirement or just getting started, this episode is packed with insight on how real-life circumstances should shape your portfolio strategy—not market hype. -- This Material is Intended for General Public Use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation or to otherwise act in a fiduciary capacity. Please contact one of our financial profession