Quarterly Market Review

Q2 2016 had its share of ups and downs with the global stock market ending slightly higher. U.S. and Emerging Market stocks had positive returns while International stocks were down. Bond markets had gains, interest rates went even lower, providing an increase in bond prices. The British vote to leave the European Union caused volatility and lots of headline news but if you open this  and look at the chart on page 4 you’ll note that there was a steep sell off initially, followed by a steep recovery which has continued so far into Q3.

 

Planning note: Given the drop in interest rates you may want to evaluate the current rate of your mortgage in comparison to rates now available. When refinancing it’s important to keep the overall costs in mind. Also, remember that you restart and extend the clock each time you refinance unless you reduce the term of your loan (i.e. go to a 15 year rather than a 30). I often recommend that if you reduce your payment by refinancing you make it work to your benefit by saving that difference every month or adding it to your new mortgage payment.

 

Advisory services offered through Arbor Point Advisors. Securities offered through Securities America Inc., Member FINRA/SIPC. Arbor Point and Securities America are separate companies. CA Insurance #0E88557

Retirement Planner in San Diego

 

Advisory services offered through Arbor Point Advisors. Securities offered through Securities America, Inc., Member FINRA/SIPC. Arbor Point Advisors and Securities America are separate companies. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed. CA Insurance #0E88557

Advisory services offered through Arbor Point Advisors. Securities offered through Securities America, Inc., Member FINRA/SIPC. Arbor Point Advisors and Securities America are separate companies. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed. CA Insurance #0E88557​

Rancho Bernardo Financial Planner