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Welcome to the Mind of a Millionaire podcast. As we’ve mentioned before on the show, on the first Wednesday of every month, our team of advisors get together in the Denver Wealth Management War Room to discuss the economic outlook in our market and international markets. Due to the holiday week, this portfolio meeting was pushed back a week, but Zak offers his market insight following that meeting.
Note: tomorrow, Tuesday, July 16th, is our Social Security & Medicare Workshop. If this pertains to you, a friend, or a loved one, come by for this comprehensive presentation and a delicious meal from Maggiano’s Little Italy. Register online to save your spot. Also, visit the ‘Events’ tab on our website to register for the 2019 Denver Wealth Management Open. All proceeds benefit the DTC Rotary Foundation’s scholarship fund, which provides financial assistance to local Thomas Jefferson High School students.
What is the monthly portfolio meeting? [0:25]
Our advisor, David Frum, is famous [1:10]
The U.S economy’s effect on interest rates [2:18]
Developed international markets [3:58]
Market Performance (Year-to-Date) [4:31]
- S&P 500 (+19.90%) (CNN Business) [4:31]
- Bond Market (Bloomberg Barclay’s US Aggregate Bond TR USD) (+5.65%) (Morningstar) [4:41]
- U.S. Technology (+28.67%) (Morningstar) [4:44]
- U.S. Small Cap (+17.92%) (Morningstar) [4:48]
- Data for foreign and international markets was also derived from Morningstar.com. [4:51]
Fixed income [5:19]
Investing at an all-time high [6:36]
What is your time horizon? [7:39]
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
No strategy assures success or protects against loss.
Government bonds and Treasury bills are guaranteed by the US government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value.
Dollar cost averaging involves continuous investment in securities regardless of fluctuation in price levels of such securities. An investor should consider their ability to continue purchasing through fluctuating price levels. Such a plan does not assure a profit and does not protect against loss in declining markets.
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.