Have you ever been told something like this: “Don’t worry, there is always volatility in the market, but as you can see, even bear markets are mild and on average the market returns 8% a year over the long-term.” Whether the average is 8% or 10% is irrelevant. Mark Twain would have identified it as “Lies, Damned Lies, and Statistics.” You won’t live long enough for the average return to fund your retirement. Join us to find out where the real risk lies in the most commonly used investment model and current market conditions.
Stock buy-back programs have sustained a trading range stock market since January 2018. Many stock buy-back programs were started or enlarged due to recent tax cuts. When will the money dry up? Is there enough participation from big money to sustain prices or is another sell off in the wings?