“From a financial planning perspective, the goal isn’t to try to avoid bear markets; it is to choose an allocation between stocks and bonds in such a way that you never have to sell your stocks in a bear market to pay your monthly bills.” – Bill Schultheis
With various world events unfolding, stockholders often wonder where and how to invest in light of these unknowns. However, when investors build portfolios diversified in index and passively managed funds, the “where” and “how” questions often become unsubstantiated. In Bill Schultheis’ latest column, he discusses the advantages of diversification and its performance in light of economic events. He encourages us to participate in life’s events, not only in our careers, but also in our financial practices.