You can’t figure it out. But you may be wondering if you should take advantage of the upswing and pull some money out of the market.
After all, before this recent rally, investors were suffering some of their steepest losses since the financial crisis a decade ago. You might have seen your dreams of retirement, or finally gathering a down payment on a house, exploding. And then suddenly, the storm clouds seem to have cleared.
If you entered this year with a $500,000 portfolio, split between stocks (70%) and bonds (30%), you’d have watched your savings shrivel to around $392,000 toward the end of March, according to data provided by Morningstar Direct.
Now that portfolio is back up to more than $470,000.