THROUGH THE END OF MAY – The S&P 500 is down 5.0% YTD (total return) through 5/29/20. Just 121 stocks in the index are up YTD. The S&P 500 consists of 500 stocks chosen for market size, liquidity and industry group representation. It is a market value weighted index with each stock’s weight in the index proportionate to its market value (source: BTN Research).
TRILLIONS – From its 2/19/20 stock market high, US stocks lost $12.7 trillion in market capitalization through the stock market low close on 3/23/20. From its 3/23/20 low point, US stocks have gained $8.8 trillion in market capitalization through the close of trading last Friday 5/29/20 (source: Wilshire). Source:
David Swapp, CFP®
801-566-6639 | firstname.lastname@example.org
Bottom line: DON”T try to time the market. Decide on your long term goals and tolerance for variability and stick with your chosen asset allocation.
Source: Financial Planning for Women