One of the most difficult things for any investor to do with any level of consistency is to outperform the S&P 500 Composite Index. Many try, and many fail. There are, however, a few funds that can come pretty close at times, and Franklin Templeton’s FundGrade® A-ratedFranklin Bissett U.S. Focus Corporate Class is one such fund.
One of the underlying conditions of borrowing of any kind is simple: There must be a strategy for paying back both the principal and the interest. People with multiple types of debt must also prioritize which should be paid first. And this becomes crucially important as you start year-end tax planning.
The idea of seasonal investing is based on the premise that through the study historical data of past market behavior, investors can make predictions on how markets will perform in a given time of the year. There’s plenty of debate about seasonality, but there’s one seasonal habit investors should definitely stick with: rebalancing.
Bullish sentiment prevailed once again in global stock markets last week, as the major stock indices staged rallies to end the week with strong gains. Declines sustained by the indices during the third-quarter selloff, which was triggered by fears of a slowdown in China’s economy along with a surprise devaluation of the yuan, are now well on the road to being erased, as investors seem to have priced in a now almost-inevitable U.S. central bank rate hike in December.Toronto’s S&P/TSX Composite Index advanced 2.7% on the week, helped by merger talk in the railway business, and the U.S. blue-chip S&P 500 Composite rallied 3.3%, posting its biggest weekly gain since December 2014.
Q – I’ve been reading some of your advice on asset allocation, and it makes a lot of sense. But the statements I get from my online brokerage and from my mutual fund companies don’t show a complete picture of how my assets are allocated. So I’m quite hazy on whether my total portfolio position is risky or not. How do I go about finding out how my assets are distributed using only my monthly statements? – Penny R., Oakville, Ontario