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Retirement Capital Strategies
  • Getting Started
  • Testimonials
  • Learn More
    • About Us
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  • Talk Money with Tom
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  • September 24, 2020

Shelter-in-Place Market Update 9.24.2020. Looking at the broad market.

Disclaimer - Read More

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.

Transcript

Hello, everybody, welcome to Thursday, S&P 500 was up .3% today, but the real story, I think in terms of the breadth of the market was really good. eight out of the 10 segments of the S&P 500 were up today, which is great. And again, every time buying comes back in, it’s coming into the same areas, most of the areas that were involved in, so I like that doesn’t work every day. But it’s been, you know, pretty obvious to me where the market wants to go, especially on these updates. So that’s, that’s great.

A little bit of time, I’d like to spend just talking about some philosophy issues, you know, the overall concept of our investing is that we try to buy kind of everything with a big chunk of the portfolio, the entire broad market. And then we use these targeted indexes for these other portions. During this pandemic, we’ve actually had to reduce the broad market exposure, just because there’s too many segments of the economy that are suffering too greatly. And it’s really making the broad market underperform more than I’ve ever seen. And on the other hand, there are these targeted segments that are doing quite well. So just talk about kind of how I identify those, you know, there’s a group use surfing as an analogy, there’s a group of surfers or investors that would go out to this flat part of the ocean and say, Hey, this is the next place, the wave is going to come. And so they’re sitting out there waiting for that wave. And if they’re right, they’re going to catch that wave maybe before anybody else and enjoy that, I tend to like to look for swell to already have started before I try to get on that wave.

And so what we have found that segments of the stock market that have had over performance in the last nine months, they tend to over perform for the next 12 months. And that’s just current that changes. We look at these algorithms. But that’s the way it is right now. This is what allowed us to see what was going to run here in this recovery, and why we’ve overperformed the stock market so much. So I’d like to see some proof. I don’t want to get out on that flat spot on the ocean and hope that the wave comes there, I actually want to get on the wave after it happens. Now, I don’t make as much money that way. Because I’m not in there early. But I make more money in a lot of ways because there’s a higher probability, once I’m on that wave that it’ll continue to be able to ride that for a while.

And so just kind of this momentum. And so we do see, you know, interruptions to that momentum, which is what we’re seeing here in September. But the momentum is persisting and every time new money comes in, we see it come into the stock. So I still think it’s there. The major trend is up. What we’ve seen so far is a minor downtrend, and you know, we’ll see what happens going forward, but look forward to talking to you tomorrow. And let’s see how this goes for the end of the week. Thank you.

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Disclaimer - Read More

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.

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