By: Ferguson-Johnson Wealth Management | August 24, 2015
Through Friday, August 21st, a diversified 60/40 portfolio (Dimensional Global Allocation 60/40 – DGSIX) is down 2.14% on the year1. The market may be reacting to the Chinese currency devaluation and concerns about the Fed raising interest rates.
While the market may decline 10% of more from highs in May, this is nothing unusual. During the years we have been in business, we have seen 18 such declines and subsequently 18 recoveries2.
We are not asleep at the wheel and our diversified approach to your portfolios has held us in good stead throughout the years.
If you have any questions or concerns, please don’t hesitate to give us a call.
1Dimensional Fund Advisors, performance as of 8/21/2015.
2Yardeni, Edward. “Market Briefing: S&P 500 Bull & Bear Corrections”, Yardeni Research, Inc. August 21, 2015
Investment advisory services offered through Ferguson-Johnson Wealth Management, a registered investment adviser.
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