Market Update 11-2-15
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 ;-).