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
Barry Unterbrink is a fee-based Chartered Retirement Planning Counselor and wealth manager since 1982. As a second generation manager after his father Larry (1934-2021), they managed institutional pension funds totaling $100 million.Both are former Investment Advisory Presidents and financial newsletter publishers.
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