Despite the Dow Jones Industrial Average and the S&P 500 index experiencing their worst start to the year EVER, most of the major asset classes bounced back to finish the first quarter on a fairly positive note.
To the surprise of many, we learned that the U.S. budget deficit fell to the lowest level since August 2008 and the net worth of U.S. households rose to a record $86.8 trillion.
To see how the global capital markets fared in the most recent quarter, check out our quarterly market review (below), compiled with some assistance from our friends at Dimensional Fund Advisors.
In addition, check out the short article, “Free Throws” located at the end of the review. In this piece, Dave Butler, Head of Global Financial Advisor Services at Dimensional, offers a sports example to help investors apply discipline in a stressful market.
Spoiler alert: it’s easier said than done.
That’s why it’s so important to work with an advisor who understands your goals, dreams, financial situation, and a variety of other factors that allow them to put together a plan that gives you the best chance of achieving long-term investing success.
You can download a complimentary PDF copy of this report by clicking here (best option for mobile users).
Quarterly Market Review – Q1 2016
Regardless of what happens in the financial markets, it’s important to remember a few key principles that typically lead to long-term investing success…
- Develop a personalized investment plan
- Maintain a long-term outlook and stay disciplined
- Keep a proper perspective in relation to your money
If you’re not a current SageOak client, and you’d like to free up time while delegating the stress and headache that usually come with managing your own investments, click the button below to schedule a complimentary 15-30 minute initial phone call.
Together, we’ll discuss your individual financial situation and explore whether or not it makes sense to pursue a possible advisory relationship with SageOak.