Market Madness

Special guest Ryan Detrick, Senior Market Strategist for LPL, joins John, Janet, Scott, and Charlie this week as they take a look at Market Madness. Originally aired 3/24/2018 *DALBAR’S year Quantitative Analysis of Investor Behavior (QAIB) study examines real investor returns from equity, fixed income and money market mutual funds from January 1984 through December year. The study was originally conducted by DALBAR, Inc. in 1994 and was the first to investigate how mutual fund investors’ behavior affects the returns they actually earn. *There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. *The study for missing the market’s 10 best days is based on research of a hypothetical $10,000 invested in the S&P 500 from (12/31/02 through 12/31/17). The S&P 500’s annualized total return over this time frame was 9.92%. If you missed the 10 best return days, your return would have been 5.03%. Keep in mind you cannot actually invest in an index. Your results will vary. The rates of return used do not reflect the deduction of fees and charges inherent to investing. *Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.