Investing Newsletter - January 2025

Investing Newsletter (click image to open)

• US stock markets had an excellent year in 2024 and outperformed international and emerging markets.

• The price-to-earnings (P/E) ratio discount of international stocks vs. US stocks is greater today than the 20-year average.

• It makes sense to rebalance your portfolio when your stock allocation gets either too far above or below the target allocation.