Portfolio Expectations 101
This is the simplest way for everyone to stay calm, without overdosing on hopium.
Even the best mutual funds have underperformed the S&P 500.
VAGSX = Vanguard LifeStrategy Growth Fund Investor Shares (VASGX) = 14.6% YTD
AGG = US Bond Market = -3.6% YTD
Global investors do not invest “100% stocks.” This year the “other stuff (AGG is a less-extreme version)” is negative, something that has not occurred in over a decade.