2019 was a huge year for most asset classes. The Global Market Index posted a hefty 21% gain assisted by U.S. stocks which recorded an increase of 31%. The huge year for U.S. stocks continues a nice run and brings the return of over 11% per year over the last five years.
Only commodities show negative returns for the trailing five year period. U.S. REITs finished the year returning over 25% and continued performing well returning 7% per year over the last five years.
The Capital Spectator, a website reporting the latest news in investing, economics and asset allocation and reports on the GMI each month, reported a tough time for active asset strategies. “The benchmark’s robust increase of late is a reminder that active asset allocation strategies had a tough time keeping up with simple buy and hold benchmarks last year.”
Check out The Capital Spectator for a huge amount of great resources tracking the latest economic data and thoughtful commentary on investing.