Happy New Year and a peek at 2018
I’ve been in the financial planning field for many years. I’ve been inundated with articles and soothsayers that offer up specific roadmaps for stocks. None have been consistently right.
That said, let’s use simple math to guide us as we enter 2018.
The S&P 500 Index advanced 21.83% in 2017. That figure includes reinvested dividends. No question about it, 2017 offered rich rewards to those who invested in a well-diversified stock portfolio.
So, does a sharp upward advance in one year set the stage for a pullback in the following year? (more…)