2019 Q3 Quarterly Market Review
Over the 3rd Quarter, markets showed more volatility, but the double digit YTD returns in the US stock market (reflected on page 8 of our Market Review) puts those movements into perspective. Because we are always facing the unknowable, our investment strategy remains committed to avoid overreacting to headlines.
As Nobel laureate Robert Merton recently noted, successful market timing requires being right TWICE. First for the purchase and again for the sale of your investments. That kind of guesswork is incredibly difficult when the average daily trading volume of the stock market is over $400 billion per day. We stay focused on what we can control: making prudent financial decisions tailored to you and your family’s needs. As always, please reach out if you would like to discuss these topics or your personal financial planning.
Click here to read the Quarterly Market Review