Search
Categories
- June 16th 2014June 25, 2014No replies
- July 2, 2014July 2, 2014No replies
- July 8, 2014July 8, 2014No replies
- July 15, 2014July 15, 2014No replies
- July 31, 2014August 1, 2014No replies
- August 5, 2014August 5, 2014No replies
- August 12, 2014August 12, 2014No replies
- August 19, 2014August 19, 2014No replies
- September 9, 2014September 9, 2014No replies
- September 16, 2014September 16, 2014No replies
The Markets
Investors breathed a sigh of relief last week when U.S. stock markets recovered from a tumble toward bear market territory. Going back in time 12 months it is interesting to see the returns of the various indices. The S&P 500 has been -7.6%, the Dow Jones has been -15.4%, gold has been -15.4% and commodities have been -25.9%. During this time I have implemented edits to try to sidestep areas of the market that were showing signs of weakness. In January of this year, I’ve continued this process and in some cases parking cash to use later. It is important to keep in mind that markets do come back. Most of you have experienced the “Dot Com” selloff, 9/11, and the 2008 Financial Crisis. After all of these major events markets eventually rose again. A lot of blue chip stocks are in the process of being beaten down and opportunities will arise over time. This is a time for patience and keeping a long-term point of view. In addition, try not to be influenced by the mass media or friends and neighbors who claim to be stock market experts. If you have a lot of anxiety during these times feel free to send me a quick note or call and now make sure we spend some time together.
“Common sense is not so common.” -Voltaire, French writer, historian, and philosopher
Image courtesy used in accordance with Creative Commons version 2.0 Generic License.