Senior Wealth Advisor (CIMA) (CMT) - PRW Wealth Management, Chief Investment Officer @ Sandy Cove Advisors, Senior Banker @ JP Morgan Private Bank
8.23.19 Fortune: ’Bizarro World’: Behind the Normally Staid Bond Market’s Weird, Wild Summer
"Because future inflation is seen as contained and the global economy is slowing, investors are willing to accept relatively modest yields on long-dated bonds at the back end of the curve," Robert Reilly, chief investment officer for Sandy Cove Advisors
5.1.19 US News & World Report: “7 Best Performing funds for Your 401(k)”
Invesco QQQ Trust (ticker: QQQ)
"In the large-cap space, where it is often quite difficult to find active managers that continually outperform the S&P 500, we like index funds that replicate the Nasdaq 100 index," says Rob Reilly, chief investment officer of Sandy Cove Advisors in Boston. The fund concentrates on big-name technology firms like Apple (AAPL), Microsoft Corp. (MSFT), Amazon.com (AMZN), Alphabet (GOOG, GOOGL), Facebook (FB) and Intel Corp. (INTC), which make up more than 46% of the portfolio. Reilly expects technology shares to continue growing. A $10,000 investment in QQQ on Dec. 31, 2008 would now be worth about $65,000, placing this fund in the top 1% of Morningstar's large growth category for the past five and 10 years.
6.5.19 US News & World Report: “Why It’s Time to Consider Actively Managed Funds”
Many investment professionals, including Robert Reilly, chief investment officer at Sandy Cove Advisors in Massachusetts, believe that actively managed bond funds can handily beat bond index funds. In fact, the DoubleLine Core Fixed Income Fund (DBLFX) has gained an average 3.18% annual return over the past five years. That's in contrast with the 2.94% index fund return of Vanguard Intermediate-Term Bond Index (VBIIX).