Insight

As questions about future returns swirl, advisors seek shelter for clients

FinancialPlanning.com - Joseph Lisanti

November 5, 2019

“I’m not particularly worried that the next decade will be bad [just] because the current one has been good,” says Ken Waltzer, managing partner at KCS Wealth Advisory in Los Angeles.

Waltzer notes that the period from 2000 to early 2009 was a poor one for stocks in the overall context of the S&P’s total returns during that time. Four of those nine years saw negative total returns for the index. Three others were positive but below the mean since 1926. Only two years saw significant gains, but they were overshadowed by the weaker years. The dot-com bust and the financial crisis generally negated those two good years.