Tag Archives: Bill Belichick

POCKETBOOK: Week ending May 5, 2017

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  • Great advice

Last week CNBC.com ran a great story with a lot of sound advice in it titled, “5 of the smartest ways to invest your money, according to millionaires and billionaires”, written by Kathleen Elkins.

As you will learn from the piece, there is more to making money than making money. In a nutshell, here are the five points from that story many of us would be wise to learn from:

-Warren Buffet, who we learned this past weekend is not afraid or ashamed to admit he has made investing mistakes: Invest in companies you know.

-Barbara Corcoran, “Shark Tank” star and founder of the mega-successful real estate group that bears her name: Invest in your wardrobe.

-David Bach, a self-made millionaire and personal finance expert: Invest in a home.

-Grant Cardone, also a self-made millionaire: Invest in yourself.

-And from New England Patriots coach Bill Belichick comes this: Invest in your relationships.

The entire story can be found at:  http://www.cnbc.com/2017/05/04/smart-ways-to-invest-your-money-from-millionaires-and-billionaires.html.


  • Market Quick Glance

Gains in three of the four indices followed below. Plus, one index reached a new high while one lost ground last week from the previous one.

It was NASDAQ that scored a new high last week on May 2, the second new high so far this year. And it was the Russell 2000 that slipped over the week.

That said, the bulls were still running wild on Wall Street. When will they fall continues to be anybody’s guess.

Below are the weekly and 52-week performance results— including the dates each has reached its high according to data from CNBC.com. Data is based on prices at the close of business for the week ending on Friday, May 5, 2017.


-Dow Jones +6.30 YTD up from last week’s 5.96%

  • 1yr Rtn +18.957% up from last week’s 17.44%

The DJIA reached an all-time high of 21,169.11 on March 1, 2017.


-S&P 500 +7.17% YTD up from last week’s 6.45%

  • 1yr Rtn +17.00% up from last week’s +14.86%

The S&P 500 reached an all-time high of 2,400.98 on March 1, 2017.


-NASDAQ +13.33% YTD up from last week’s +12.34%

  • 1yr Rtn +29.33% up from last week’s 25.85%

The Nasdaq reached a second new all-time high so far this year of 6,102.72 on May 2, 2017. (Previous new all-time high of 6074.04 was achieved on April 28, 2017 and before that date the high of 5,936.39 on April 5, 2017.)


–Russell 2000 +2.94% YTD down from last week’s +3.19%

  • 1yr Rtn +26.09% up from last week’s +22.80%

The Russell 2000 reached a new all-time high of 1,425.7 on April 26, 2017.

(Its previous high of 1,414,82 was reached on March 1, 2017.)


-Mutual funds

Results for the week ending Thursday, May 4, 2017 are not available.

Below is a repeat of last week’s numbers:

At the close of business on Thursday, April 20 ,2017, the average total return for U.S. Diversified Equity Funds was 4.64% that’s up considerably from last week’s 2.98% return, according to Lipper.

Just as World Equity Funds continue to reward equity investors, up 8.86% on average, fixed-income investors in bond funds investing around the globe has been reward too.

So, if you’re a fixed-income fan, the best year-to-date returns are in the World Income Funds arena. Lipper tracks 808 of them in five different categories.

In order of performance, year-to-date cumulative total reinvested performace for World Income Funds, as of 4/20/17, was as follows:

-Emerging Markets LC Debt Funds, +7.34%;

-Emerging Markets HC Debt Funds +5.31%;

-International Income Funds, +3.64%;

– Alt Currency Strategies, up 3.04%;

– and Global Income Funds, +2.75%.

As a comparison, the average return for the 2,511 funds under the General Domestic Taxable Fixed-Income Funds heading was 2.14%

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.


• ETF scores

The Bespoke Investment Group published its listing of ETF performance results on May 6, 2017.

Below are a few examples of where money has been made—and lost—in the ETF universe so far this year:

-Three of the highest returning US Equity ETFs so far this year include:

-QQQ, NASDAQ 100 up 16.24%

-IWB, Russell 1000, up 7.30%

-SPY, S&P500, up 7.28%


-Three Global Equity ETFs winners include:

-EWP, Spain, up 22.34%

-PIN, India, up 21.17%

-EWH, Hong Kong, up 18.17%


RXS, the Russia ETF, was the only downer in that global group. It was down 1.98%.


-And three ETFs where money has not been made in 2017 include:

-UNG, Natural Gas, down 21.20%

-USO. Oil, down 16.36%

-XLE, Energy, down 10.10%