18.31% YTD - Market Update - August 2017Submitted by Elite Asset Management on August 6th, 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. 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,
Our unique blend of strategic and tactical investing keeps doing extremely well this year. Our models continue to easily beat their benchmarks and five out of our six strategies are beating the S&P500. We are also maintaining an allocation to bonds in our portfolios, just a lesser percentage the more aggressive we are.
It's easy to look at the market and say it's overvalued or we should sell and position our portfolios defensively. However a big sell off or downturn hasn't happened yet, and any attempt to hedge has resulted in lost performance. Lost performance equates to lost time in accomplishing your financial goals or having to delay your retirement. I don't know about you but I don't like to waste time.
Our YTD performance as of 7/31/17 is listed below:
S&P 500® Index Total Return: 11.59%
Click to view the performance gross of fees as of 7/31/17 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: 15.00% YTD
Recent Blog Posts & News
In an effort to better educate our potential clients. 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.