January 2013, the global equity markets advanced with 4.75% aggregate return. US markets 5.50% outperformed developed-ex US markets 4.92%, and emerging markets 1.49%. Russell 3000® Index is the proxy for US equity markets. Non-US developed and emerging markets are the respective developed country and emerging country portions from the MSCI All Country World IMI ex USA Index.
“For those seeking to outperform the market through stock selection,” wrote Weston Wellington, “ underweighting the market’s biggest winners can be just as painful as overweighting the biggest losers. Bottom Line: Markets have 101 ways to remind us of Nobel laureate Merton Miller’s observation: Diversification is the investor’s best friend.”
Chris Bryant, MBA, RFC® is the founder & CEO of Bryant Wealth Management, Inc. an institutional investor and Washington-State Registered Investment Adviser. Bryant provides independent, fee-only, financial planning services for individual investors. Since 1999, Chris has devoted himself to the practice of financial services – helping people make money, save money, protect money, have convenience and peace of mind. He is the author of Personal Financial Planning. Connect with Chris by E-mail or call toll-free 1-800-980-3048.
Chris Bryant is an American financial advisor.