May performance update
Here with a May performance update:
Prime: +1.33%
Select: +3.38%
SPY ETF: +5.18%
Bogleheads portfolio (80% VTI, 20% BND): 4.15%
A fine month overall for the Stoney Point strategies, and one that historically would be considered quite strong. But the market overall continues to perform even better, with an extraordinarily good month. Qualitatively, AI hopes appear to continue to power the S&P higher. I posted an article a few days ago highlighting that four companies now represent nearly 40% of the S&P index. Unsurprisingly, these are all AI giants. Time will tell whether the commercial opportunity for that will live up to the hype, but so far it seems to be a good bet.
