Did you lock that mortgage rate in? Did you move from stocks to bonds?

Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

Published by Jason Comes, Wealth Advisor

Most voters were caught off-guard last month when President Elect Donald Trump won the election. And yes, many Wall Street firms were wrong about their stock market predictions if Trump won as well. After the initial election night scare, all of the major stock indices have gone up since the election (see our most recent Market Commentary for reference) while many of the bond indices have gone down, with some down especially hard. The most important thing to remember about investing in bonds is that interest rates and bond prices are inversely correlated, as interest rates rise prices will fall. So where did the election leave you?

Chances are if you were in the market to buy a home or long on bonds, the market since the election has not been kind to you. With average 30-year-mortgage-rates up from 3.54% to 4.13% (as of Dec 8) according to Freddie Mac. Bond investors were burned as well as the Barclays U.S. Aggregate Bond Index lost 2.62% from Nov. 8 – Dec 2. Longer term bonds were down as much as 8%.

Major changes in macroeconomic trends or geopolitical uncertainty can cause investors to make impulse decisions. However the uncertain nature of the stock market makes trying to the time the market nearly impossible. I would recommend that you review your portfolio for a rebalance once or twice a year. Let us help in giving you a second opinion in these most uncertain times.

cwm-cta-button

 

Share:
facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.
Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

RECENT POSTS

Win the Game of Life (Insurance)

Life insurance is one of the most versatile financial assets available to us. Few solutions carry as many tax advantages, may be used in as wide a variety of situations, and come at such a range of cost.

Lasting Happiness… Who is it for?

Published by Teresa Milner Living in the fast-paced world that we’ve become accustomed to, it’s easy to get sidetracked with all that’s going on around us. What’s important and not urgent? What’s important and urgent? What’s urgent but not important? What’s not urgent and not important?

Are You Picking Up Your Pebbles?

With the New Year approaching, many like to spend time reflecting on past successes, failures, new experiences and gained knowledge, as well as planning for the year to come. As a part of my own reflection, I enjoy reading the following parable…

Investment Discipline

One of the most challenging aspects of investing is not what many may think. Digging through the multitude of options available to place cash can be daunting task. However, keeping your cool when things move in the wrong direction can make or break returns.

1 2 3 85 86 87 88 89 98 99 100

Get in Touch

In just 15 minutes we can get to know your situation, then connect you with an advisor committed to helping you pursue true wealth.

Schedule a Consultation