November 2024 highlights the importance of staying invested. In this market review video, Choon Siong, our Research Analyst, highlights the key points of November's performance:
1. US equities surged, led by small-cap stocks, with the Russell 2000 Index rising 10.97%, outperforming the Russell 1000 Index’s 6.44% gain. However, European companies were impacted by trade tariffs and a 2.8% weakening of the euro, leading to a decline in their USD-denominated returns despite positive returns in euro terms.
2. In Fixed Income, lower Treasury yields and tightening credit spreads boosted bond prices, benefiting longer-duration bonds and reflecting improved investor confidence. The Global Core Fixed Income, with a longer duration and a higher allocation to corporate bonds, outperformed the Global Aggregate Bond Index.
3. November highlighted the importance of staying invested to capture market gains, as missing key opportunities can significantly affect long-term wealth. The cost of market timing is evident, with a hypothetical $1,000 investment in the Russell 3000 growing to $6,356 by 2022, but falling to $5,304 by missing its best week and $4,480 by missing the best three months.
For the full market review, visit: [ Ссылка ]
At Providend, we believe it is more important to look at the reliability and sufficiency of your investment returns to meet your non-negotiable life goals and events. Learn more by reading our investment eBook titled "A More Reliable Way to Get Enough Investment Returns: Even During Times of Market Uncertainty": [ Ссылка ]
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