Tuesday, August 9, 2011

message to clients on 7/30/11

Good morning and happy Saturday.  Investors just had a rough week, but our Flex portfolios held-up much better than the stock market.

Here is a quick update on how the most popular of my Flex portfolios have performed in the past year compared to the S&P500.

Time (as of 7/29)              80 Flex III             60 Flex III             40 Flex III             S&P500
1-day                                     -.07                        -.02                        .04                          -.64
1-week                                 -1.45                      -1.01                      -.56                        -3.91
MTD                                      1.55                        1.46                        1.38                        -2.03
YTD                                        5.95                        5.68                        5.40                        3.87
1-year                                   19.37                     16.56                     13.80                     19.47

NOTES:  Data comes from Morningstar; I usually prefer to ignore short-term performance in favor of 3-, 5- and 10-yr track records (where the Flex portfolios have massively outperformed their benchmarks), but I want to keep you as up-to-date as possible.

Thank you, and make it a great weekend!

--Gary
              

Garo Linck Partoyan
Financial Advisor & Owner

Potomac Wealth Strategies, LLC
1800 Diagonal Rd., Suite 600
PMB 12
Alexandria, Virginia  22314
(703) 746-8195
(703) 347-9483 fax
Garo.Partoyan@PotomacWealthStrategies.com
www.PotomacWealthStrategies.com
FINANCIAL BLOG:  http://potomacwealthstrategies.blogspot.com

No comments:

Post a Comment