As part of the RWM investment strategy we seek to tilt the equity allocation of a portfolio towards value stocks. These are stocks that have low relative prices vs. their profits compared to growth stocks which have high relative prices vs. their profits. However, in recent years value stocks have trailed growth stocks. Is the recent under-performance by value stocks normal, and should we expect growth to continue to outperform?
With rhetoric moving to action in June, concerns about the impact of a global trade war weighed on stock markets. The US has announced tariffs on Chinese and European goods and China and Europe has announced retaliatory tariffs. This has been a negative for the total world stock market which fell 0.56% in June as measured by the FTSE All World Index.
Social Security is an important aspect of any retirement plan. Planning for Social Security, however, can be a bit challenging. This month, we encourage you to create a my Social Security account.
Required minimum distributions, or RMDs, are an important aspect of planning for retirement that can affect your retirement income strategy. Understanding and estimating your RMD can help you create a retirement income plan before you are even required to take your first withdrawal.