POCKETBOOK:Week ending April 2, 2016

  • IMG_0204
  • Play ball

It’s time to head out to the ball parks to watch another, and sometimes sleeper, baseball game. Like everything else, a couple of tickets and beers, hot dogs and parking will set you back what could amount to a high flyer into left field.

GOBankingRates.com compared the costs of four things—two tickets; two hot dogs; two beers; and parking—at all 30 Major League Baseball stadiums.

What they found was that the average cost of spending a day at the ballpark was $77.92 for two people. That total cost of averages  broke down like this:

  • Two tickets: $41.41
  • Two hot dogs: $8.73
  • Two beers: $11.89
  • Parking: $15.89

But since nobody ever seems to get an average price on anything, consider the following:

  • Fenway Park, where the Boston Red Sox call home, was the most expensive stadium with that combo costing an average of $157.
  • The cheapest is at the Angel Stadium of Anaheim, where the Los Angeles Angels call home and those exact items can be had for a fraction of the price— only $47.60.

Now that’s a deal.

See all 30 stadium prices, pictures and learn more at:

http://www.gobankingrates.com/personal-finance/ranked-most-least-expensive-stadiums-mlb-fans-watch-baseball-game/

  • Market Quick Glance

-Indices:

Here are the year-to-date performance figures for the major indices through April 2, 2016, according to Bloomberg. To provide a longer performance perspective, 1-year returns have been added.

Dow Jones +2.85% YTD

1yr Rtn +2.79%

-S&P 500 +2.01% YTD

1yr Rtn +2.47%

NASDAQ -1.47%YTD—through 4/1/16

1yr Rtn +1.90%

-Russell 2000 -1.20% YTD—through 4/1/16

1yr Rtn -9.68%

-Mutual funds

Through Thursday, March 31, 2016 the average U.S.Diversified Equity Fund was down 0.39 percent year-to-date, according to Lipper.

Dedicated Short Bias Funds were the week’s worst performing category down on average 6.13 percent.

Precious Metals Funds picked up steam and continue to be the high scorer under the Sector Equity Funds heading. They were up on average 42.21percent y-t-d.

Another bummer week for Health and Biotech funds as they continue to be that category’s worst performers. Of the 96 Health/Biotechnology Funds that Lipper now tracks, the average y-t-d performance is off nearly 14 percent. The y-t-d average performance of the 42 Global Health/Biotechnology Funds improved a tad, now at -11.75 percent.

Visit www.allaboutfunds.com for weekly updates to see how equity and fixed-income funds have rewarded investors over the short-and long-term, based upon Lipper data. Short-term meaning weekly and monthly performance returns; longer-term includes quarterly, year-to-date, 1-yr, 2-yr, 3-yr and 5-yr returns.

Lipper’s weekly performance figures for stock and fixed-income funds are at www.allaboutfunds.com in the left column on the home page.

•April outlook

Don’t expect much from a month that begins with celebrating fools.

-30-

 

 

 

 

 

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