Portfolio down? It may be your bonds
With equities being flat for the year, (S&P 500 has a 1.78% gain year to date) you may be wondering where the recent volatility is coming from. Unless you are an aggressive investor who only owns stocks, you likely also own bonds and depending what kind, they could be the cause of your concern. Bonds are considered “safe” investments because they are guaranteed by the issuer. Most people own government bonds and the U.S. government has always repaid its debts without issue. W