Hi ,
Check out this curated list of Sweat Your Assets monthly content for September 2023.
MARKET BAROMETER
An eye view of Stock Market Indicators, as of September 29, 2023:
[ this month | previous month | % changes over five years ].
- VIX (volatility index) - the fear gauge: 17.28 |13.92 | +16.53% (Looking at historical data, fear perception is still low. However, it has increased compared to last month).
- S&P 500: 4,288 | 4,514.87 |
+ 48.60% (Small corrections compared to the end of August, however we are still near record level high).
- S&P 500 P/E Ratio: 25.74 (Sep-2023) | 25.73 (Aug-2023). (Historically, the median value is 17.86, with a typical range between 19.33 and 27.91).
- BND - Vanguard Total Bond Market Index Fund: USD 69.78 | 71.63 | -10.27% (The bond market naturally suffers from high-interest rates).
- VNQ - Vanguard REITS - Real Estate: USD 75.66 | 82.99 | -3.25%
- GLD - SPDR Gold Shares: USD 171.45 | 180.32 |
+50.66%
August stock market gains were partially lost in September. While I remain invested, I am increasingly cautious and ready for upcoming corrections and lower asset prices. I cautiously increase cash and cash alternative reserves through my savings.
