Past performance is not indicative of future returns. You’ve read it on just about every piece of commentary or marketing material pertaining to an investment proposal. Maybe you didn’t actually read it, but understood it was implied. It’s text that’s almost always in small type on the corner of the page just out of plain sight. So we’re going to put it in all caps right here because this isn’t something any investor should forget, especially in 2018.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RETURNS.

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