With stocks down about 1% this month (thru Tuesday), bonds and Gold are providing a nice offset, rising 1.7% and 1.3% respectively.
Could this latest equity price swoon be the end of the current rally? Time will tell. I can only preach the value of diversification for all but the most risk-averse investors at this time.
~Barry Unterbrink, C.R.P.C.
Wednesday, August 12, 2015
Gold, Bonds Holding Up Portfolios in August
Posted by Barry Unterbrink at 8/12/2015 10:46:00 AM
Barry Unterbrink is a fee-based Chartered Retirement Planning Counselor and wealth manager. He and his father, Larry Unterbrink, have experience as portfolio managers for institutional pension funds totaling $100 million, Investment Advisory Presidents and financial newsletter publishers. See http://www.stetsonwealthmanagement.com for more information.