More or Less for 2016Submitted by Farrall Wealth on April 12th, 2017
The Market looks like it is going to remain flat or down for the year in 2015. Where are the prognosticators/talking heads now? Those that expected 10%, 5%, 3% gains for the year are silent. Like we predicted 2015 has been a year filled with market volatility and sluggish growth. The S&P 500 has gone up or down one percent seventy two times this year either to the upside or the downside and now remains flat for the year. To quote Alex Rosenberg CNBC in his article “Rocky Road to Nowhere”, “The big turning point came in late August, when the S&P plunged in three dramatic sessions. In the 159 sessions before late August, the S&P only moved one percent 34 times, for a one percent move rate of twenty-one percent; from late August through Wednesday, the move rate climbed to forty–one percent”
All in all, it has been an extremely difficult year to make money. As of this writing the S&P is -.82%, The Dow is -1.5%, FTSE is -4.93%, the Russell 2000 is -4.5% and the Nasdaq is a resilient up 6% but mainly due to three or four individual stocks.
Unfortunately, 2016 does not look much better. Geo-political headwinds, rising interest rates and average corporate earnings will all add to another difficult and tumultuous year. This being said, a year without goals is just a year of dreaming and we cannot go through life with our head in the clouds. Our LPL Research Department sees another volatile year with the S&P looking at a 2-5% return. See The Market Commentary here: http://www.farrallwealth.com/p/about-us
New Year’s Resolutions have never really been my thing. I set multiple goals throughout the year and many of them could never be accomplished in twelve months. To me, one or two goals a year is too few and unfortunately with me, they usually get left behind within a few weeks. However, the start of the year does give everyone a nice check point for the things that they might like to correct in their lives and improve upon.
In this busy and cluttered World, one has to have checkpoints throughout the year. (My checkpoints are New Year’s, Easter and my Birthday) With each checkpoint, I take extra time to breath, look back and look forward towards my overall goals. I reassess and then take more steps forward.
When thinking about 2016 I decided to think in terms of what I would like “MORE” of in my life and what I would like “LESS” of; if not completely removed.
For the past month I have been hosting a non-scientific poll of my friends, family and clients. I asked each of them what they might like more of and what they might like less of. It has been a very fun and enlightening endeavor. People are amazing and many of their responses were truly heartfelt. Ages 3 to 85 were included. Each response was edited to try to keep everything to one word if possible. The following are some of our top More and Less for 2016. Some of them pertain to the Markets and some just about life; all of them are more and less. I left off the obvious ones like MORE Money and LESS Taxes and the political one like MORE Hillary and LESS Trump. Figured we could stick to the productive ones.
Regardless, I hope you enjoy and may we all have little more and…a little less.
Maybe you could make your own?
Farrall Wealth’s More and Less 2016:
More Natural Less Processed
More Family Less Phones
More Happiness Less Grief
More Greens Less Pounds
More Exercise Less Excuses
More Muscle Less Fat
More Tranquility Less Noise
More Homes Less Homelessness
More Silly Less Serious
More Friendship Less Acquaintance
More Optimism Less Pessimism
More Growth Less Plateau
More Compliments Less Judgement
More Accomplishment Less Status Quo
More Giving Less Receiving
More Selfless Less Selfish
More Smiles Less Frowns
More Love Less Fear
More Organization Less Clutter
More Interest Rate Clarity Less Janet Yellen
More Picking Up Less Putting Down
More Energy Less Tired
More Income Less Expense
More Education Less Ignorance
More Cheap Oil Less Out-of-Pocket
More Strength Less Weakness
More Doing Less Doubting
More Fun Less Not so fun
More Peace Less Hate
More Acceptance Less Judgement
More Running Less Sitting
More Hope Less Hopelessness
More Laughter Less Sorrow
More Focus Less Noise
More Family Dinners Less Chaos
More Profit Less Debt
More Saving Less Spending
More Cleaning Less Dirt
More Building Less Destroying
More Class Less Bad Language
More Comfort Less Cold
More Phone Calls Less Texts
More Success for our Clients Less Headwinds
Hope you enjoyed and hope you have a fantastic 2016!
Full disclosure: The 10 year old in my family wanted more candy and less broccoli but I chose to exclude that one from my list. You might like it on yours but who knows? Good luck!
Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. The economic forecasts set forth in this material may not develop as predicted.
The S&P 500 Index is a capitalization weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.