Happy New Year! We hope your year is off to a good start. January was a banner month for stocks and bonds, up 8.0% and 3.3%, respectively. Usually, a good January means a good year. We will see.
To understand our outlook and portfolio positioning, please review the following items recently posted to our website:
If you have questions about your portfolio positioning, please call or schedule a meeting. We’ll also be reaching out to you in the coming weeks to schedule a meeting if we haven’t met in awhile.
Finally, if you think a friend or colleague would appreciate our musings, please forward this email. They can also sign up here to receive blogs and WJNotes.
DISCLOSURE: PAST PERFORMANCE IS NOT A GUARANTEE OF CURRENT OR FUTURE RESULTS. Historical examples included in this WJNotes do not, nor are they intended to, constitute a promise of similar future results. The WJ benchmarks represented herein are the benchmark allocations from which most client portfolios are designed. Specific client portfolio allocations, risks and returns can and may deviate from these benchmarks depending on accounts and types of investments available through each account. Future market views by WJ Interests, LLC may vary significantly from the historical examples presented herein and no one receiving this summary should assume that WJ Interests, LLC will be able to replicate successful views in the future.
Benchmarks mentioned are as follows:
| US Large Stock | iShares Russell 1000 (IWB) | |||||||||||
| US Small Stock | iShares Russell 2000 (IWM) | |||||||||||
| Intl Developed Stock | iShares Core MSCI EAFE (IEFA) | |||||||||||
| Intl Emerging Stock | iShares Core MSCI Emerging Markets (IEMG) | |||||||||||
| Bonds | Vanguard Total Bond Market (BND) | |||||||||||
| Cash | Morningstar USD 1M Cash TR USD | |||||||||||
| Reinsurance | Stone Ridge Reinsurance Fund (SRRIX) | |||||||||||
| Managed Futures | SG Trend Index, PIMCO Trends (PQTIX), Virtus Alphasimplex (ASFYX) | |||||||||||
| TAA | Allspring Absolute Return (WABIX) and Strategy Shares Nwfnd/Rslv Rbt ETF (ROMO) | |||||||||||