Dear Readers,
It's hard to believe that it has been over half a year since the fateful US election in November! Markets have been rather buoyant since the election, rising 23% at the S&P 500 and 24% at the Nikkei 225. This continues the bullish trend since the pandemic bottom in March last year, albeit a more mundane upswing. 日本語版はしたにあります。
There has been market commentary about a strategic shift from growth to value, which we mentioned in our last note. Moving money from high-tech names like the FAANG stocks to more traditional blue chips such as P&G, JP Morgan, and Toyota. Looking at valuations and stock charts, it does feel as though the upside for the market is limited in the near term. In this kind of environment, you may consider a regular monthly investing strategy, which my firm can help you with. This type of strategy allows you to drip feed your savings in and protect yourself from the volatility in the markets. Please see the excellent below article on Dollar Cost Averaging.
https://argentumwealth.com/benefits-of-a-regular-savings-plan/
Meanwhile, if you need some help picking individual value names, take a look at Hitachi (6501), Nissan (7201), Toyota (7203), Nippon Yusen (9101) in Japan, and JPM, P&G, Home Depot in the US. Happy to discuss with you. Send me a message at david.r@argentumwealth.com please.
On a personal note, we have moved to our beach house in Shimoda 10 weeks ago, and it is pretty awesome. I lead a duo-life helping Japan residents with wealth management in our Argentum Tokyo office 2 days a week, and remote work including health management in Shimoda the remaining days of the week. 😎
People are super nice and friendly down in Shimoda, which is another hidden benefit of escaping the big city. Please visit us in Shimoda for triathlon training, BBQ, great views, and general health management when you have a chance!
#wealthmanagement
