“A good leader takes a little more than his share of the blame, a little less than her share of the credit.” – Arnold H. Glasow
Where are we, at the end of August 2021?
All the stock market indexes were up nicely in August. The NYSE Composite index was up 1.5%, representing the AVERAGE stock. As we’ve seen often in the past, the larger technology stocks (the Nasdaq and much of the S&P) were up more. The US Aggregate bond index was down. Virtually all the stock funds I use were up more than the averages. The main underachiever, once again, was the ATAC fund, which I use as a diversifier – the fund made money during COVID. I use quite a bit of technology and large company funds, so if your account underachieved the Nasdaq and S&P, it was due to the use of funds that moderate risk. If you feel that you may prefer a more aggressive posture, we should talk.
How Did the Markets and Our Funds Do in August 2021?