The second quarter of 2019 is in-the-books for investors…how did you do? Paul Fain, certified financial planner and president of Asset Planning Corporation, discusses the results for investors this week on WBIR.
THE MONTH OF MAY WAS LOUSY, BUT HOW DID THE MARKET RALLY BACK IN JUNE?
We did see some improvements in the month of June. The S&P 500 (large US company stocks):
7% June
4.3% Quarter 2
18.5% Year to Date
Also note that the data can tell any story depending on the dates used. For example, from October 2018 to June 2019, the S&P 500 was up only 1%.
WHAT ARE SOME OTHER BENCHMARK RETURNS FOR INVESTMENT CATEGORIES AT THE END OF QUARTER 2?
Generally, stock markets around the world are performing well this year. Gold is up, oil prices have been banged around:
Quarter 2 YTD
1.3% 16.1% US Small Company
2.3% 14.1% International Stocks
1.2% 13.2% Emerging Markets
-2.8% 4.6% Commodities (ex: Oil, Gold)
HOW ARE CONSERVATIVE INVESTORS FARING THIS YEAR?
Quarter 2 YTD
3.1% 5.5% US Intermediate Bond
1.5% 3.2% US Short Bond
0.6% 1.2% 3 Month Treasury Bill
WHAT ADVICE WOULD YOU GIVE TO INVESTORS MOVING FORWARD?
- Know current events – but – play the long game.
- Recession concerns are mounting but still down the road.
- Trade tensions = volatility
- NHL legend Wayne Gretzky once said, “I skate to where the puck is going to be, not to where it has been.”
- Opportunities often lurk in the downtrodden areas of the market.
FAST MARKET FACT: Out of Favor Investments
The Downtrodden?
Value Stocks Lagging
Energy Stocks -6.5% (Q2)
China Region -3.5% (Q2)
QUESTION FOR OUR MONEYMAN?
If you have any questions about the 2019 Second Quarter Results or other general questions about financial planning, contact our Knoxville financial planner Paul Fain or send them directly to Paul@assetplanningcorp.com! The financial advisers at Asset Planning Corporation are ready to help you reach your goals today!
