Discussing last week’s market performance and how Wealth E&P clients benefit
November 2, 2021
Welcome to Wealth Enhancement & Preservation’s Market Minute, where we get to update you on everything that happened in the financial markets this past week. My name is Helen “Cokie” Cox, and I am a partner and Wealth Advisor at Wealth E&P, as well as the Managing Director of Wealth E&P’s Charleston, South Carolina division.
I want to show you last week's statistics on the market. We have very good news to report for last week:
We also have good news for the year-to-date numbers as well:
All indices ended higher last week, which is great. We also saw the NASDAQ and the S&P 500 hit all-time highs, at 15,500 and 4,600 respectfully. Those that led the way within that are financials, energy, and real estate holdings. You may be asking yourself, “Do I own those?” If you are a client at Wealth Enhancement & Preservation, you do in fact own all of those sectors. So, enjoy that good news!
I wanted to bring you a few good words from Warren Buffett on some investing advice he has given over the years:
- Think long term
- Marry the right person
- Buy index funds
We also do have low-cost index funds within your portfolios at Wealth Enhancement and Preservation, so feel free to reach out about that as well.
If you have any other questions for us, if you want a risk profile, or if you would like a retirement projection, please feel free to reach out or visit www.wealthep.com. Otherwise, stay tuned for our Market Minute next week!
At Wealth Enhancement & Preservation, we are here to serve as your financial advisor and source of support in the Alpharetta, GA, Cartersville, GA, and Charleston, SC areas. Our advisors are dedicated to simplifying the complexities of the financial world and as your advocate, we strive to learn about your most valued goals and dreams. From individual investors to entrepreneurs, our services are designed for your success.