Furstenau
Wealth
Update
September 4th, 2023
September 18th, 2023
September 11th, 2023
10/14
There was a lot to celebrate last week!
The Standard & Poor’s 500 Index closed above 5,800 for the first time—and that’s not all.
The Dow Jones Industrial Average also notched a record high last week—and all three major U.S. stock indices ended the first full week of October with gains of more than one percent.
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10/7
Living the realities of risk and reward.
Asset allocation is important because it helps investors manage the risk and rewards of investing. In general, investments have different levels of risk and the potential return (or reward) for taking that level of risk is a higher return. For example, investing in stocks typically has greater risk than investing in quality bonds or cash. In return for taking a higher level of risk (i.e., tolerating the ups and downs of the stock market) investors have the potential to earn higher returns.
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10/1
The Standard & Poor’s (S&P) 500 Index hit a new all-time high last week.
The S&P 500 has had quite a year. Despite a sharp downturn in August when investor confidence was ruffled by concerns about economic growth, the Index was up about 20 percent, year-to-date, at the end of last week. The gains were widespread with all sectors of the Index participating, according to data from Fidelity.
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