After a rough 2018, and a historically bad December, I am happy to post this information following a day certain to make all quite happy. Aside from enjoying much improved investment performance in the first quarter, yesterday saw markets close at new all-time highs. What a wild six-month round trip it has been!
This link is to a PDF containing our Q1 2019: Quarterly Recap and Near-term Outlook. It follows the form of (1) What is it that we are most thinking about right now, (2) What happened during the past quarter from a big-picture perspective, and (3) How might, if at all, recent events change strategy. This Recap incorporates a series of directly comparable, globally diversified, balanced portfolio benchmarks constructed by Morningstar. This tabled data will, hopefully, help each reader evaluate their own performance in proper context with just a few numbers.
As always, I am available at any time, any day of the week, to discuss specific portfolio performance questions with all clients. Until then, be well, enjoy your week, and thank you!
A.J. Walker, CFA CFP® CIMA®
Founder, President, and CEO
Lake Jericho, LLC