Commentary: The Key to Success Is Asset Allocation

Summary

---

In my 24 years of experience in the investment industry, the one thing that is constant is the belief on the part of many investors that they know how to time the markets.

That is, they believe they know when to over or underweight stocks versus bonds. The basis for their decision is a hot tip from a friend or broker, news in the media, general discussions around the office, personal fears, etc. While an investor may be acting in earnest, the truth is long-term performance will suffer with constant "tweaks" to the portfolio.

See the full content of this document

Extract

---

Commentary: The Key to Success Is Asset Allocation

By the time financial news is reported, it is in response to actions already taken by investors -- it is old news and the specific opportunities being reported probably already diminished. Respected business publications have often sens...

See the full content of this document

---