Market Update 4/1/2020 πŸ“‰

The economic U-shaped recovery ideology holds true as we continue to live in bear market territory. Many investment management companies advise the purchasing of shares at a lower bid price than typical market territory. I plan on continuing my purchasing schedule and sticking to my asset allocation of 70% domestic stock and 30% domestic bonds. My most recent buy in was FTEC at $61.88, this ETF checks off all of my buy in boxes – Historical Return, Dividend Yield, Beta, Expense Ratio, and Holdings Analysis.

Today’s Quote: ”The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business I do not know of anybody who has done it successfully and consistently.” – Jack Bogle, Founder of The Vanguard Group

Comment Below,

Michael Moran

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