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Capital Market Assumptions (Victory Capital 2020)

Submitted by Your Personal CFO - Bourbon Financial Management on May 9th, 2021

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Correlation of Starting Yield to Total Return (Bloomberg Data 1996-2020)

Submitted by Your Personal CFO - Bourbon Financial Management on May 8th, 2021

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Price is What You Pay, Value is What You Get (Bloomberg Data 2020)

Submitted by Your Personal CFO - Bourbon Financial Management on May 6th, 2021

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Price/Sales: S&P 500 Growth Index vs. S&P Value Index (Bloomberg Data 2020)

Submitted by Your Personal CFO - Bourbon Financial Management on May 5th, 2021

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Annualized performance by economic cycle (Bloomberg Data 1980-2021)

Submitted by Your Personal CFO - Bourbon Financial Management on May 3rd, 2021

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Annual returns by asset class from the highest to the lowest (Vanguard 1997-2019)

Submitted by Your Personal CFO - Bourbon Financial Management on May 2nd, 2021

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Liquid Private Equity Alternatives (Cambridge Associates 1988-2018)

Submitted by Your Personal CFO - Bourbon Financial Management on May 1st, 2021

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Percent of Stocks Beating the S&P 500 Over the Trailing 12 Months (Kallash Capital 1964-2020)

Submitted by Your Personal CFO - Bourbon Financial Management on April 28th, 2021

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Potential impact of taxes over time (Morningstar 2019)

Submitted by Your Personal CFO - Bourbon Financial Management on April 27th, 2021

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