2016 Year End Recap
Posted on January 5th, 2017
“Happy Families are all alike; every unhappy family is unhappy in
its own way” – Leo Tolstoy in Anna Karenina
I’ve been meeting with clients for over 25 years, and every year is there seems to be some major event that causes concern for everyone.
This year, it was the presidential election. One thing about the election that everyone seems to agree on is that we’re glad it’s over, even if we disagree whether the outcome was good or bad.
At the bottom is my end of the year video, where I outline my thoughts on 2016, and also what current conditions might mean for 2017.
I highly recommend you watch it, and if you have any questions, please don’t hesitate to give me a call. I’m here to help and serve.
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The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 large capitalization stocks with dividends reinvested.
The Standard & Poor’s 500 Index (“S&P 500”) is an unmanaged, market capitalization weighted index of 500 widely held stocks, with dividends reinvested, and is often used as a proxy for the stock market.
The Nasdaq Composite is an unmanaged, market capitalization weighted index of stocks listed on the Nasdaq Stock Exchange, and are reported as price return without reinvestment of dividends.
Indexes are often used as a proxy for the stock market and cannot be invested in directly.