The stock market was in a pull back phase in August and September.
October brought a VERY nice rebound of 9%! This was the largest single monthly gain in 4 years.
Our October statement will reflect the nice gains in our portfolio.
Going forward… Low petroleum prices, increased employment, historically low interest rates and a strengthening economy leads us to anticipate new market highs within 6 months.
In addition, the forth quarter is my favorite as it pays out larger than normal dividends and year-end distributions, just in time for Christmas ;-).