New Stock Market Record – Now what?
Wow! The stock market just set a record for the longest bull market period in history. A bull market is defined as a period during which the market is rising without suffering a decline of 20% or more. Despite some volatility during the past decade, we have not experienced a 20% decline since 2009. In fact, the S&P 500 stock index established an all-time high on Monday, August 27th.
In light of these record-setting events, we wanted to address how the recent stock market performance affects our investment philosophy. The short answer is that it does not change how we invest. The attached document summarizes the investment principles we maintain regardless of market performance. Studies have shown that this consistent and disciplined approach leads to more successful investment results.READ HERE…
If you have any questions about your financial planning, your investment portfolio, or our investment philosophy, please contact us.