Addis Hill logo in blue and green

Jobs Miss

SHARE

You may have heard a lot of clamor about the jobs report that came out on Friday.  In a nut shell, not as many jobs were created as expected by the prognosticators.  One of the final headlines of the day read – Huge Jobs Miss Spooks Wall Street.  But, that is not necessarily true for those who have asset classes inside their portfolio’s besides stocks.  For example, on Friday our returns on moderately allocated portfolios were up nearly .50%.  Not bad for an off day.  The defensive positions won the day.  Basically those asset classes like bonds, real estate, gold etc.  What is the lesson to be learned?  There are at least two.  #1 – maintain a high level of diversification, and #2 – don’t let the forecasters and headlines get the best of you.  It’s never quite as it seems.  As Jack Bogle says, “Just stand there”!

UP NEXT:

Chip Explains: 403(b) Accounts

Discover 403(b) Retirement Plans: Tailored savings for educators & non-profits. Tax advantages & employer contributions pave the way to a secure retirement.

Chip Explains: 403(b) Accounts

Discover 403(b) Retirement Plans: Tailored savings for educators & non-profits. Tax advantages & employer contributions pave the way to a secure retirement.

Read More

STAY INFORMED

Get the latest blog posts conveniently delivered to your email.


By submitting this form, you are consenting to receive marketing emails from: Addis Hill, Inc., 200 W. LANCASTER AVE, WAYNE, PA, 19087, https://addishill.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.