Taking Paper Losses to the Bank

You are probably aware that August was an eventful month for stocks – in a bad way. The S&P 500 was down 6.03% bringing year to date returns to -2.88%. A diversified portfolio would have cushioned against the drop somewhat, but allocations to Emerging Markets and Commodities hurt returns. The monthly numbers aren’t even the scary part.

Read the rest on Fairway Wealth Management’s website here.

Photo by Philip Taylor PT