The fourth quarter of 2018 served as a stark reminder that capital markets can reverse course sharply. But it also reminds us that any attempt to predict such episodes reliably is probably a waste of time and effort.Investors who accede to market prices as the best estimate of value and who maintain portfolios reflective of […]
Jan. 2019 – New Year’s Resolutions Read More »
Capital markets in 2016 demonstrated the wisdom of sticking to a sound portfolio allocation plan. The U.S. stock market opened with a thud, as the S&P 500 Index fell by over 8% during the first 10 days of trading — marking one of the worst starts on record. News throughout the year was mixed. Voters
Jan. 2017 – New Year’s Resolutions Read More »
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