FMA Market Update – August 2017 Edition
August 22, 2017 | John J. Klobusicky CIO, CFA®, CAIA
PA. Guaranteed Savings Plan—A Click of Your Mouse Can Yield Higher Account Balances. Starting points matter and are critical in estimating forward investment returns. Below we discuss valuation levels and forward looking return expectations based on P/E ratios at various points in history. But first, we thought we would share some very interesting information on Pennsylvania’s 529 Guaranteed Savings Plan (GSP) , where savers get to look in the rear view mirror and have their cake and eat it too.