It was one of the worst start of the year in the stock market history. The US market (S&P500) lost more than 5% and performed worse than the rest of the international markets (VEU). Small Cap and Mid Cap (IJH and IJR) also finished month negative. Value outperformed Momentum. The commodity index finished month with over 11% growth. It was a difficult month for our strategies as well. Those using leverage assets got hit the most.
A bit late summary of the month but somehow I slowly entered new year and additionally I had to prepare more tables with results than usual. 😊
The month of December brought a rebound on the global markets after November’s declines. All equity markets except the Chinese market ended the month positive. Below is a summary of the results of the main indexes.
November was a poor month for the equity markets. Most of the weakness took place in the last 5 days. Concerns about the new variant of the Covid-19 virus and recent statement of the head of the Fed where the main reasons of the markets to drop. The US Large Cap were down slightly, and the index of the largest US technology companies was 2% up for the month.
It was a great month for the stock markets. The US market (S&P500) set new all-time-high ending October with over + 7% gain. The other markets (All World ex-US) also had a decent result at + 2.74%. Value, Momentum, Commodities, Small-Cap, Mid-Cap and the Real Estate are also finishing the month with a very good result.
Anyone who is serious about their future has probably wondered more than once what their life will be like in retirement. Many people believe that can’t rely on a state retirement pension and you need to save and invest your financial surplus. It’s hard to disagree with that. So how much money do we need to achieve a similar live level during retirement as now, when we work? How much can we pay out of the accumulated savings to cover living costs? Below, I will try to present some best practices and show you the tools that can help you create a retirement plan.