When the stock market was roaring in the late 1990s, it was not easy for investors to adhere to this discipline and sell stocks to buy bonds. Greed had the upper hand. Fear has the upper hand today. Selling bonds to buy stocks is likely to be even more difficult for investors to do. Viewed in a long-term context, however, we believe it is exactly the right course of action for investors to take.
Risk is, unfortunately, a fact of life.
Avoiding risk entirely is a luxury very few investors can afford. Entities Healthcare Insurance Companies Investment Managers Media-Telecomm Mutual Funds Nonprofit Orgs. Inc. All Rights Reserved.