Today the market took a drubbing as it logged its worst one-day session of 2013. The SPDR S&P 500 ETF ($SPY) was down 1.3% after hitting a multi-year high yesterday.
It was one of the days where it was difficult to find any green on the screen. Gold fell, oil fell, the Euro fell, even some of the safe havens were not able to hold early gains.
So this is when I turn our ETF Income Portfolio in our ETF Bulletin newsletter. The portfolio of 10 ETFs that is 100% invested in the market only fell by 0.5% as the broad market lost 1.3%. The outperformance is not surprising considering the makeup of the portfolio.
What I am trying to get at is that there are a large number of investors reading this that would like to have the benefits of a regular income stream and at the same time some protection from big market sell-offs. If you fall into this category you need to consider our ETF Income Portfolio strategy we offer through my company, Penn Financial Group.
And to give you an idea of how the portfolio has done in a bull market, since June 8 of last year the S&P 500 is up 14.0% and the ETF Income Portfolio is up 10.8%. So even during strong bull markets the portfolio has proven to hold its own.
For more information on building an Income Portfolio that fits your needs please call the office at 1-877-383-7366 or email info@pennfinancialgroup.com.
Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
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