Index Based Investment Management Services

Blue Ocean Blog

The Blue Ocean Portfolios blog covers various financial and investing topics such as retirement, investing, indexing, financial advising, and more.

September 2017 News and Announcements

TD Ameritrade and Scottrade logos

Scottrade Acquired by TD Ameritrade

This deal was announced last October and finally closed this week, September 18th. We do not anticipate any changes to your log in, account statements or other activity for the balance of 2017. Conversions to the TD Ameritrade platform from Scottrade will be in January or February of 2018. Please let us know if you have any questions. Meanwhile, we will keep you informed of any changes. Nothing to worry about!

Required Minimum Distributions (RMD) for IRA Accounts

If you are over 70 ½, there will be Required Minimum Distribution from your IRA before the end of the year. We will be in touch with you coming up in next month (October) if you have not already satisfied this distribution requirement. RMDs are determined by your age and the account balance in your IRA on the previous December 31st.

US Stock Market at All-Time High

The S&P 500 and NASDAQ stock indexes are at their all-time highs. The big growth stocks; Facebook, Amazon, Google, and Apple are heavily weighted in both of the indexes. These large companies have experienced phenomenal returns the past four years. However, other parts of the stock market like Europe, small value stocks and even large value based stocks have lagged behind these mega companies. Now more than ever, it is important to keep your portfolio prudently diversified. Remember, you will always own too little of the assets that have gone up and too much of the assets that have gone down.

All-time highs on the stock markets are nothing new, in fact, new highs on the stock market have been happening since there was a stock market. So have all-time highs on oil, gold, real estate, etc. It is a function of the depreciation of our currency along with supply and demand. Of course, irrational human emotions are threaded throughout any market activity – which means that irrational valuations, both over-priced and over-sold conditions, will always torment us.

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