Returns and investment strategies

Returns of $100,000 in the past 10 years (these returns were computed using MSN Money charting program).

$300,000 in FNMIX (Fidelity New Market Income)
$190,000 in FSICX (Fidelity Strategic Income)
$172,000 in FGMNX (Fidelity Ginnie Mae)
$171,000 in FBIDX (Fidelity US Bond Index)
$67,000 in the S&P 500

The point. The purpose of this information is to show that there are asset classes (such as high and low-grade bonds) outperforming the market by a wide margin in specific periods of time. (Please note, these are not recommendations.)

I believe we are facing an investment environment where diversification will continue to provide disappointing results. The way to survive this investment environment is to be focused in a few investment choices, the opposite of diversification.

To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

George Dagnino, PhD
Editor, since 1977