7 Ways To Keep Calm In a Stormy Market -- How
11/10/2011 0 comments
We would like to comment on an article written by MICHAEL A. POLLOCK www.smartmoney.com. In it, he outlined the following 7 ways:
- Get real about your tolerance for pain. --- in our words, risk profile, risk profile!
- Favor funds that cast a wider net. --- in our words, diversification
- Hire a pilot who charts a smoother ride. --- in our words, go anywhere
- Don't try to wager on where stocks are headed. --- in our words, do not wager all in and all out
- Fine-tune your cash stash to your family's needs. --- in our words, cash is king, not even money market funds, that can have exposure in some you-never-know-what-happen-under-the-matt stuff (read, Greek, Italian bonds)
- Don't assume that a stock-free portfolio is risk-free. --- in our words, nothing is risk-free, even cash.
- Don't be ashamed to seek help. -- in our words, follow a sound and systemic advice, being humans or systems.
Read the original article here.
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Symbols: SPX, COMP, SPY, EFA, EEM, IYR, VTI, DBC, VNQ, VWO, AGG, BND, Retirement Investments, Asset Allocation
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