July was a great month for stocks!
The S&P 500 was up over 9% the last four weeks. The best performing sectors were:
Consumer Cyclical
Industrials
Technology
Growth style of investing
Is this just a “Bear Market Bounce” or is the Bear Market dead?
Only time will tell.
So as we start a new month, we are recommending all of our clients change their “Future Allocations” (the money going into their plans with every paycheck).
We are recommending the following investment categories:
HIGH YIELD BOND
MID CAP GROWTH
TECHNOLOGY
The exact funds to use have been uploaded to all of the client dashboards and will be “live” on August 1st at 9am EST.
And if your plan is missing those investment categories, we will recommend a different investment option and let you know with the use of “*proxy”.
If you have any questions, please contact your investment professional.
As always, we appreciate all of our clients who are receiving personalized and ongoing investment advice through Plan Confidence.
Stay confident my friends!
-Kevin T Clark, RF
CEO & Co-founder
