Another Great Month!!! - Market Update - July 2017Submitted by Elite Asset Management on July 14th, 2017
We created a rule-based investment process that helps our clients maximize gains and minimize losses, by adjusting to current market conditions based on our proprietary indicators. When the markets are performing well, we'll shift to holding more equities, however when the markets are performing poorly, we'll shift to more defensive vehicles, either cash or bonds.
Our strategies and approach will remove confusion from investing and provide peace of mind through all market cycles.
We offer these strategies with no hidden fees, and no trading charges.
Dear Fellow Investor,
It was another great month for our strategies, as our unique blend of strategic and tactical investing allowed us to stay consistent and capture the upside that was presented to us. July started off weak, yet we saw some strength this week. We continue to monitor the situation for any signs of additional weakness as we head into mid-July and we'll make changes to the portfolio early next week and reduce our equity exposure if we think this weakness will continue.
S&P 500® Index Total Return: 9.34%
Click to view the performance gross of fees as of 6/30/17 for 1 month, 3 month, 6 month, YTD, and 1YR. PERFORMANCE
If you do not follow systematic investment rules, then it is easy to succumb to our emotions that cause us to buy and sell at inappropriate times.
Very Truly Yours,
Basic 401k Strategy
This strategy can be replicated inside most 401k's. This strategy adjusts quarterly and is designed for investors who don't want to worry about up the daily ups and down of the market, yet want to follow the overall trend.
401k Strategy: 9.14% YTD
Recent Blog Posts & News
In an effort to better educate our clients, current and potential. I've created short white papers that explain our approach to investing and what makes us different. I recommend you download them to better understand our investment approach and our firm.
Until next month.