Two Investments Get Shellacked

Investment results for the first quarter of 2022 were a disappointment, to say the least. The major averages declined substantially, but not disastrously: S&P 500 (large-cap) – 4.60% Russell 2000 (small-cap) – 5.13% EAFE (developed international) – 5.91% Two types of investments had returns that seem pretty terrible, though. Almost everyone owns a good portion…