Two weeks ago, I talked about bitcoin in my blog. Here is what I said:
Congratulations to Todd Maugans, the 2016 winner who guessed 2240 – the S&P 500 ended up at 2238.83, so he was very close. Interestingly, last year, the blog readers were somewhat bearish, guessing only a two percent rise in the market. It turns out that the market beat 97% of your guesses (see chart below). Last year’s guesses were split into two distinct groups, although even the bullish group mostly underestimated the end result. I have some theories on how this year’s guesses will turn out, but I will keep those to myself so I do not bias you.
We work to understand your needs, adhering to time-tested disciplines while responding to the extraordinary dynamics of today’s global investment picture.
The opinions presented on this site are subject to change without notice in reaction to shifting market conditions. The information provided here is for general informational purposes only, and should not be considered a solicitation to effect transactions in securities, or personalized investment advice. Each investor needs to review an investment strategy and their asset allocation for his or her own particular situation before making any investment decisions.