POCKETBOOK:Week ending Dec.24, 2016



  • Holiday peace and joy to all

To honor the true spirit of the holiday season, this week’s money-focused POCKETBOOK will be brief. My hope in doing so is to remind everyone that what’s most important in this life is the wealth that lives within your heart and not the material wealth you may have been fortunate enough to have accumulated.

  • Market Quick Glance

Below are the weekly and 1-year performance results for four popular stock indices based on the close of business prices on Friday, Dec. 23, 2016, according to Bloomberg.


-Dow Jones +17.51 YTD up from last week’s 16.96%

  • 1yr Rtn +16.65% down from last week’s 18.99%


-S&P 500 +13.17% YTD up from last week’s 12.84%

  • 1yr Rtn +12.27% down from last week’s 15.07%


-NASDAQ +10.55%YTD up from last week’s 10.02%

  • 1yr Rtn +9;68% down from last week’s 11.96%


-Russell 2000 +22.47%YTD up from last week’s 21.82%

  • 1yr Rtn +20.55% down from last week’s 23.55%


-Mutual funds

At the close of business on Thursday, Dec. 22, 2016, the performance of the average U.S. Diversified Equity Fund was 11.53%, off a bit from the previous week’s close of 11.73%, according to Lipper.

Visit www.allaboutfunds.com for more information about how various 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.






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