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Monument’s Economic Review

Check out our latest video!  Our Economic Review video breaks down 2016 into four distinct sections, discusses what affected the market in each of those periods, and then goes into what’s ahead for 2017. WATCH THE VIDEO>  

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IN CASH for all of 2016

2016 – HERE’S WHAT HAPPENED

Despite the nice post-election rally to end 2016, it turned out to be downright…average. That is if you use the S&P 500 Index as your yardstick. If you go back to 1928, the average annual return for the S&P 500 (including reinvested dividends) runs just around 10%. 2016 turned in the year with the S&P 500 up 9.54% on a price return basis. Throw in the dividends and it was…

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Quick Thoughts on DOW 20,000

Dow 20,000 is the talk of the town. There is no escaping it. As I write this (Wednesday at 10:36 am), the index is a mere 0.60% away. But a question being asked, explicitly and implicitly, is this: “Do the current valuation levels (specifically P/E Ratios) signal a market top?” My opinion? Not by themselves. Research from LPL Financial and Barclays indicates a weak relationship between one measure of stock…

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Why the Shrinking Unemployment is Not as Good as it Seems

Well, we finally had a negative week in the S&P 500, post-election. It was trading down 0.97% for the week, and ended up at an index level of 2,192. The Dow Jones Industrial Average was barely positive, clocking in with a 0.1% gain on the week to close at 19,170. There was good news with employment and an interest rate hike is basically a 100% lock, so what gives? It…

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Our Quick Election Thoughts

As I watched the markets “crash” overnight, I was reminded of the Interactive Broker’s commercial that is the picture in this blog post. It features a woman sitting down to a dinner date saying, “Markets are a mess, everybody’s selling…wow the market’s already down 2%, I’m sorry I need to do some hedging trades!” I was thankful that the market was closed during the election because by the time 9:30…

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VIDEO: Excitement or Drama?

Important Disclosure Information for “Excitement or Drama? “ Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Monument Wealth Management), or any non-investment related content, made reference to directly or indirectly…

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Clinton Trump Markets

Election Outcomes and the Markets

I took last week off from writing after returning from a fantastic fly fishing trip with my father out at Henry’s Fork in Idaho and the Madison River in Montana. I highly recommend the trip this time of the year to anyone interested in seeing Big Sky country, the yellow Aspen trees and catching 18-22 inch Rainbow and similar sized Browns. But use a guide – it’s better that way.…

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VIDEO: On the ‘Road’ to Investment Success

Important Disclosure Information for “On the ‘Road’ to Investment Success” Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Monument Wealth Management), or any non-investment related content, made reference to…

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Second Quarter GDP and Some Other…Thoughts

Want to know my thoughts on second quarter GDP for this year? First go read this from 2012. 2016 GDP rose at an annual rate of just 1.2% in the second quarter, which is way less than the estimate of 2.6%. To add to the pain, Q1 was revised from 1.1% to 0.8%. So it turns out that 1.2 is not much of an improvement over Q1’s feeble pace. On…

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Special Report: Brexit

Well it’s a good thing I signed off my weekly blog about Brexit with this: What does it mean for U.S. investors? No one has any idea…and that’s a problem for short-term focused investors. It’s really not a “play-able” event, since you have to guess what is going to happen. After a few nice up days on the back of speculation that Britain would remain, they surprised everyone as polling…

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Economic Review Video: First Quarter, 2016

Hi everyone, thanks for tuning in to hear our thoughts on the current U.S. economy.  In our July, 2015 and January, 2016 videos, I spent some time discussing how the recovery still has room to run.  This video will give you a detailed look into how the economy has evolved since then. Important Disclosure Information for “Economic Review Video: First Quarter, 2016” Please remember that past performance may not be indicative of…

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Advisor

3 Takeaways from Warren Buffet’s Annual Letter

How can my blog compete against Warren Buffet’s annual letter that was released Saturday? You should read it, but here are three segments I liked: #1 “America’s population is growing about .8% per year (.5% from births minus deaths and .3% from net migration). Thus 2% of overall growth produces about 1.2% of per capita growth. That may not sound impressive. But in a single generation of, say, 25 years,…

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Off the Wall Blog

Why the Market is Whipsawing

The 2016 stock market sell-off has had the attention of everyone with investments and/or a TV. I never want to come off as flippant about losses, but it’s also important to have some perspective on the actual losses. HISTORICALLY, the sell-off in the S&P 500 Index has been relatively ordinary so far, down just under 9%.  Check out the numbers from this “George Costanza” article I wrote back in 2012 for…

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Consider These 7 Things Before You Invest

Novice investors need to keep their long-term goals in mind when starting their portfolios. Investing and planning for the future can be a daunting task. There are so many factors to consider in creating and managing your portfolio and you may find it difficult to find a financial professional you trust for unbiased advice. That’s why Monument, as an independent registered investment advisor unconstrained by any large corporate agenda, has prepared…

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Top 6 “Off the Wall” Posts of 2015

We’d like to share with you our Top 6 “Off the Wall” Posts of 2015! A lot of people ask us what our most popular blog posts are.  Because of this, we’ve come up with a list of our posts that have received the highest amount of traffic throughout the year.  This is a great way to catch up on any posts you may have missed, or just recap some of the year’s most…

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