We hope this note finds you and your family well. As we wrap up the first half of what’s proven to be a lively and unpredictable year, we wanted to take a moment to reflect with you—both on the enduring principles that guide our approach and on what we’ve seen in the markets so far.

Timeless Principles That Anchor Our Work Together

At Adams Wealth Partners, we’re not reacting to headlines—we’re building futures. Here’s what continues to drive our work with you:

• We are goal-focused, plan-driven, long-term investors. Everything we do is grounded in your personal financial plan—not in trying to predict the next market move.
• We don’t believe anyone can consistently forecast the economy or time the markets. That includes us. What we do believe in is staying the course and investing through the full cycle.
• Our strategy is built on the power of compound returns, and the only way to fully capture them is by remaining consistently invested.
• That means we don’t flinch when markets dip. In fact, we see those dips as opportunities to reinvest dividends and accumulate more shares at lower prices—fueling long-term growth.

A Look at the First Half of 2025

• Now let’s zoom in on what actually happened these past six months—and more importantly, what it means for your plan:
• If you only checked the markets on January 1st and again on June 30th, you’d think not much happened. But behind the scenes, it was a rollercoaster.
• The S&P 500 hit a record high in February… and then dropped nearly 19% by early April—sparked largely by concerns over global trade tensions and an unexpected tariff announcement.
• Just days later, after a delay in those tariffs was announced, markets bounced back just as sharply—reminding us how fast sentiment can shift.
• Through it all, our message to clients never changed: stick with the plan. It’s not about guessing what comes next, it’s about staying invested in a portfolio of great businesses that innovate, grow earnings, and reward patient investors over time.
• Episodes like the one we saw in April are stressful—but also instructive. Investors who stay the course tend to succeed. Those who panic often lock in losses. Helping you avoid that trap is one of our most important responsibilities—and it’s something we take very seriously.

We’re grateful for your trust, and we’re here if you want to talk through any part of your plan, your portfolio, or just the market noise. We don’t take our role in your financial life lightly—it’s a privilege to be on this journey with you.

David Adams