Tag Archives: DJIA

Savers vs. Investors

The last two decades has been devastating for savers, especially retirees.

A Wall Street Journal article noted that retirees continue to get squeezed and are concerned about making their savings last. While the Dow Jones Industrial Average (DJIA) index has tripled since the trough of the financial crisis, the average one-year CD has not paid more than 1 percent since 2009.

The DJIA stood at 26,405 (as of 1/25/2018), a more than 20 percent increase since the 2016 election, and the value of the digital currency. As a result of a strong stock market performance, stocks may have become an outsized portion of investors’ portfolios, thereby necessitating some rebalancing.

This means that investors who have benefited from the stock markets rise may find themselves taking more risk than they realize.

If you are concerned about stock market risk, call us.

 

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Up and down Wall Street

As we write this, the stock market is up.  After the volatility of the past two months we decided to look at the Dow Jones Industrial Average stocks to see how that index fared.

Of the 30 stocks in the DJIA, year-to-date nine stocks are up and twenty-one are down.

The five biggest winners (as of this moment) are

  1. Wal-Mart +11%
  2. Verizon +11%
  3. 3M +5%
  4. Exxon +4%
  5. Procter & Gamble +3%

The five biggest losers are

  1. American Express -21%
  2. Boeing – 19%
  3. Goldman Sachs – 18%
  4. Intel -15%
  5. JP Morgan -14%

Please note that this is not a recommendation, suggestion of solicitation of any kind.  We just thought it was interesting to see which stocks were affecting the DJIA so far this year.

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