Isn't it frustrating when your money is invested in X when Y is the big performer? Isn't it tempting to move all your money to Y when you see that happen? Many people do. The problem is, moving money after you missed the rise can be like closing the barn door after the horses already got out. Last year international stocks underperformed U.S. stocks by a big margin. This year? International is already 3% better than U.S, Stick to your diversified portfolio and stop timing the market. It rarely works.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
No comments:
Post a Comment