November 2014 Returns for Our 6 Asset Classes

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November 2014 Returns for Our 6 Asset Classes

Here’s how our 6 Asset Classes performed in November 2014.

Foreign stocks and bonds lost a little ground as the dollar strengthened again.

Resource stocks declined again this month in addition to the -11.67% drop over the three previous three months.The forward P/E ratio of the MSCI ACWI Energy Index is 10.87 and the forward P/E ratio of the MSCI Investable Market Energy Index is 13.79. It is always difficult for investor to rebalance back into an asset class which has had a 19.76% drop over four months, but that is often the right thing to do.

Nathan Rothschildis said to have coined the phrase, “Buy when there’s blood in the streets and sell to the sound of trumpets.”

 

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Austin Fey is a Wealth Manager at Marotta Wealth Management, specializing in charitable giving and asset allocations. She is a regular contributor to our Marotta On Money articles, often giving advice to those just getting started in finance.

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David John Marotta is the Founder and President of Marotta Wealth Management. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. In addition to his financial writing, David is a co-author of The Haunting of Bob Cratchit.