2022 Has Been A Good Year For Stocks

A Bad Year For Bonds (which is the FAR bigger, more important market)

Portfolio Expectations 101

This is the simplest way for everyone to stay calm, without overdosing on hopium.
Even the best mutual funds have underperformed the S&P 500.
VAGSX = Vanguard LifeStrategy Growth Fund Investor Shares (VASGX) = 14.6% YTD
AGG = US Bond Market = -3.6% YTD

Global investors do not invest “100% stocks.” This year the “other stuff (AGG is…