Marc Dumais  

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Market Volatility- September 3

Market Volatility- September 3

Advisors are telling their clients:

“I want to remind you that your portfolio has been built using prudent asset

allocation principles, and is designed to minimize risk during volatile times.

In light of what we discussed today, I’m recommending that we stay the course,

in order to be there for the opportunity to grow your wealth and to prepare you

for retirement”

But if we get a 20% correction from here and you do nothing the above advice seems like the wrong thing to do.  I think investor's should continue to hold cash/raise cash  and ride out the next month on the sidelines.

 

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