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Brave Face and Family Ties
02/04/2010
PAM's Kristen Oliveri
Every investor needs a mantra to get through tough times, and MFO Truepoint Capital has just the thing: Buy and hold. Diversify. Rebalance. Seems simple enough to say in theory, but much harder to do in practice, notes Steve Condon, managing director. For example, while bonds provide crucial portfolio stability, the best and worst 12-month returns reflected the wild volatility experienced by each of the equity categories, Condon noted. So what’s a wealthy investor to do? Buck up and be brave: be open to current ...
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