15. ALTUS Wealth Solutions Secular Bear Market (1965-1982) John D. Buerger, CFP®
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17. ALTUS Wealth Solutions Equity Market Returns vs. Equity Mutual Fund Investor Returns Source: Lipper, Inc. and Dalbar; used with permission. For illustrative purposes only. (1987-2006) John D. Buerger, CFP®
18. ALTUS Wealth Solutions “ In investing, what is comfortable is rarely profitable.” Robert Arnott Active Asset Allocation John D. Buerger, CFP®
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20. ALTUS Wealth Solutions According to a respected academic study, asset allocation is responsible for over 90% of variations in portfolio performance. 91.5% Asset Allocation 4.6% Securities Selection 1.8% Timing 2.1% Other Factors Brinson, Hood & Beebower, Financial Analysts Journal , 1986 Brinson, Singer & Beebower, Financial Analysts Journal , 1991 John D. Buerger, CFP®
21. ALTUS Wealth Solutions Domestic Equities International Equities Emerging Markets Equities CA$H Domestic Debt International Debt Emerging Markets Debt Real Estate Global Asset Allocation John D. Buerger, CFP®
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23. ALTUS Wealth Solutions S&P 500 P/E Ratios – 1926 to Present John D. Buerger, CFP®