Goldstein On Gelt

Is Owning the S&P 500 Enough Diversification?

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The S&P 500 is an index (collection) of 500 broadly traded large-cap stocks. If your portfolio includes it, will you be properly diversified? Doug explains why even though historically the S&P 500 has had positive returns over long periods of time, past performance can’t predict future results. Moreover, he explains why most people are mistaken in their understanding of how diversified – or not – the index actually is. Listen for tips on how to make sure your portfolio is well-diversified. Sometimes the best way to diversify is getting outside help. Watch here to see what type of money managers can help diversify your portfolio. Does today’s market contain new patterns or does it reflect historical trends? Jill Schlesinger, CFP® and business analyst at CBS news, joins Doug to explore whether today’s economic landscape is significantly different than it was in the past. If so, should retirement planning and investment plans reflect the new outlook? Jill believes that the global recession taught investo