December 31, 2015

2015 - Dow and S&P 500 lose, Nasdaq gain

So another year in the books.  2015 was the first year since 2008 that the DJIA lost value.  S&P500 too but the Nasdaq gained so where do you stand?

Dow down 2.2%
S& P 500 down 0.7%
Nasdaq up 5.7%

Have you heard from your financial guy lately?
Same ol' same ol', we are in a stock pickers market, expect volatility, blah, blah, blah.

If it was a stock pickers market, should I assume your financial guy beat the market?

More than likely, he fared worse than the market and do you know why?

Two reasons.

1) he basically buys the market (something you can do yourself)
2) he charges a fee (takes money out of your account)

Learn more here.