Market update- long consolidation trend

Episode 208:  The stock market has been in a long consolidation trend for about the past 24 months.  If you have been using a buy & hold strategy over that timeframe your total annual S&P500 return (including dividends) is probably less than 3%.

To receive that miserly rate you’ve had to suffer through two double-bottom corrections.

Today we’ll discuss this consolidation trend and a little about the concept of ALPHA- risk adjusted returns.

If you’re a college student you might want to listen to my interview on the College Student Success Podcast:

http://www.collegestudentsuccesspodcast.com/2016/10/episode-50-john-pugliano-on-investing-apprenticeship-and-the-millionaire-next-door/

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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

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Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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