E-Magazine August 2024

Lauren Lennahan |

We hope this finds you and your family doing well and enoying the summer.

In this edition, you will find the most recent Barry Broadcast discussing updated rules for inherited IRA's, as well as discussion of the current make up of the S&P 500.

Please contact our team if you have questions about the investment markets or your personalized wealth management strategy.

 

BEST OF THE BLOG

 

CHART OF THE MONTH

This chart illustrates the market capitalization concentration of the top five companies in the S&P 500. The top five holdings now make up nearly 30% of the entire index, reaching its highest level since the Nifty 50 era in the 60s and 70s, highlighting the dominance of technology companies. With such high market concentration, owning the index could result in lower diversification benefits and increased risk if these top companies do not continue to perform well.

INVESTING WISDOM

Don't confuse a bull market with brains. - Aristotle

THE LIGHTER SIDE OF INVESTING

 

EMPLOYEE HAPPENINGS

  • The team enjoyed a night at TopGolf. Top scorers were Kate and Joe!  
  • Joe celebrated his birthday on the 26th with a wonderful trip to Nantucket with family. Happy Birthday, Joe!

Barry Investment Advisors

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W: 888.992.8601 | F: 508.992.4700

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