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
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