One of the most important decisions you as an investor can make involves allocation among different investment categories, such as cash, stocks, and bonds. The stock market can go down as well as up, and you should expect price fluctuations and market dips. Investing in a broadly diversified portfolio may help your portfolio ride out market volatility.
Once you have a customized allocation mix, stay with it until your financial goals change. Remember, risk can't be totally avoided, so you are trying to manage it. Recent changes in the stock market make this a good time to reevaluate your asset allocation to see if it is tailored to fit your financial needs and goals. If you would like to know more about asset allocation or are interested in reevaluating your investment portfolio, please call.