the right way to invest blog
Here you will find the Q2, 2019 Market Summary Report. Typically, I draw your attention to an informative or thought-provoking (in my opinion, at least😊) write up that concludes the quarterly report, but this time is different. On page 4 (pasted below, as well), you will find the Long-Term Market Summary for major index returns over the last 1, 5, and 10 years. I think it’s a very powerful graphic showing the importance of owning a diversified portfolio covering all these markets – you’ll see big green arrows all across the board! We know short-term time frames of especially 1 year, and even 5 years can exhibit very wild and unpredictable returns, but 10 year returns start to show pretty reliable numbers – typically you will find two things: 1) positive returns; and 2) stocks offering better returns than bonds. We know owing stocks (for growth) and bonds (for protection and income) for the long-term are a great wealth building and wealth preserving tool and graphics like these reinforce that belief.
Michael Pensinger, CFP® is Owner and President of Pensinger Financial, Inc.
He grew up in Park Forest, Illinois and now resides in Lemont, Illinois with his wife, two children, and two dogs. Michael serves as Treasurer on the Lemont Area Chamber of Commerce Board of Directors and he volunteers for the Lemont Open Space Committee. Read More