It’s that time of year again, when the financial media issues its “Where to Invest Now” guides. As is often the case, following these experts’ advice in 2016 would have caused more pain than gain.
‘Tis the season for year-end mutual fund distributions. A quick review of how these work can help those who keep a close eye on their stockings from being caught by surprise.
Financial pundits are busy offering promises of how next Tuesday’s Presidential election will impact markets. The truth is, no one knows exactly how the result will affect portfolios. Fortunately, long-term investors shouldn’t be too worried.
In this Citizen guest post, Vista’s Anika Hedstrom explains why when it comes to investing, the more closely you pay attention, the worse off you’re likely to be.
If we declared September 30th the end of 2016, the return of a typical Vista portfolio (65% stocks, 35% bonds) would be close to its long-term average of 8.8%. An average year may not sound like news until you realize how rarely it has occurred historically.
Many investors believe a market correction is around the corner, as stock returns seem to have been too good for too long. While investors should always be prepared for turbulence, a review of history suggests these market highs won’t last long for a much different reason.