As the year comes to a close and we prepare to embark on the roaring 2020s, it’s a good time to evaluate your asset allocation.
That’s the beginning of Cinthia Murphy’s article on ETF.com. An excerpt:
Vance Barse, Wealth Strategist and Founder at Your Dedicated Fiduciary; San Diego:
ETF Pick For 2020: Invesco S&P 500 Pure Value ETF (RPV)
“For 2020, I will diversify equity portfolios by including an allocation to the Invesco S&P 500 Pure Value ETF (RPV).
“Value equities have been largely out of favor since quantitative easing began. But given the lofty P/E [price-earnings] ratios of growth stocks, 2019 performance in domestic equities, and the Federal Reserve’s three cuts in interest rates this year, RPV may be a great way to diversify an equity allocation should value come back into favor.
“That said, there are several low-cost and tax-efficient value ETF options available, so please talk to your financial advisor before making any investing decisions.”
See Top ETF Picks For 2020 on ETF.com.