In writing the opening comments for the July AAII Dividend Investing monthly newsletter, I discussed how the market’s performance this year has been better than most investors probably think. As of June 29, the S&P 500 index has a price gain of 8.31% and total return of 9.49% for the year-to-date.
If your portfolio’s performance is not quite as good, don’t feel bad. The volatility over the past six months has, at times, made it difficult to figure out which side is up. It’s certainly made it more challenging to figure out what sector to rotate into and what sector to rotate out of.