20 Years
Later
Utility
Stocks Outperforms
NASDAQ!
DYI:
The most undervalued asset in this group is oil
along with their cousin gas. I’ve been
mentioning numerous times especially during the 37% dip when energy stocks were
smashed that it was an excellent time to lump sum into this asset
category. Vanguard’s Energy Fund symbol VGENX
has a current yield (10-05-2020) of 5.54%.
It appears that energy companies are going to have a double bottom – [classic
stock market behavior] – providing another opportunity for the long term
investor. Definitely safe in my
judgement for dollar cost average and if they get smashed again for lump
summing (more than one year salary).
10-1-20
Updated Monthly
Secular Market Top - Since January 2000
+140.8% Dow
+279.5% Transports
+193.8% Utilities
+127.9% S&P 500
+172.2% Nasdaq
+ 77.2% 30yr Treasury Bond
+558.7% Gold
+44.7% Oil
+71.5% Swiss Franc's
From High to Low - Since Year 2000
+ 558.7% Gold
+ 279.5% Transports
+ 193.8% Utilities
+ 172.2% Nasdaq
+ 140.8% Dow
+ 127.9% S&P 500
+ 77.2% 30yr Treasury Bonds
+ 71.5% Swiss Franc's
+ 44.7% Oil
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DYI
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