13 Sep 2013 The Fear of Missing Out
Posted at 14:42h
in The Friday Brief
Rapidly rising stock markets are the most challenging times for financial advisors who truly care about their client's long-term well being. This latest market rally is no different as it has prompted a number of calls from clients asking if they should be more aggressively invested to avoid missing out on the rally. Frankly, I’ve always suspected that my answer fell short of satisfying them. Now I know why.