Long-term Market Returns: It’s Always Been a Bumpy Ride
By Kevin Slater
October was a tough month in the markets. We made a few minor adjustments to bond holdings but overall we remain focused on long-term returns rather than short-term drops. As you can see from the chart below, while more often than not, stock markets have produced positive returns: it is usually a bouncy ride. While there are certainly headwinds, and our expectations may be somewhat muted, we remain optimistic about future returns.