Client Newsletter -– Quarter Ending September 30, 2013
The third quarter of 2013 saw a continuation of the robust market that this year has brought. In spite of worries, mostly over government problems, unemployment, and fears over Federal Reserve policy, the markets have risen to record or near record territory. Both the S&P and the Russell 200 are at all-time highs. The NASDAQ is at a 13 year high (but still 29% off its all-time highs). That the markets have been able to climb this wall of worry is a good sign, not only because returns are good, but it is a good situation because worries have kept the markets from being overly exuberant. I have detailed the stresses in the markets in previous columns and letters, so it is not necessary to review them again, but it is encouraging that the markets have surmounted these worries.
Rutherford Investment Management DOES NOT utilize or conduct business through whatsapp or any other app. We are not traders or brokers. We do not open accounts in which you will be making trades. We do not invest in or trade options, Bitcoin, or any other crypto currency. We conduct business with new clients only after you reach out to us by phone at our main office number: 503-452-1210. Before we open an account for a new client we go through a detailed paperwork process and have multiple phone conversations and/or in-person meetings. We manage your investments only through accounts that you open, in your name, at established brokerages such as Charles Schwab and Fidelity. If you are interested in having us manage your investments please call us.