Heads Or Tails: The 2013 Coin Toss

From dshort.com - Advisor Perspectives
January 7, 2013 - 5:51pm

Jan 07, 2013 Lance Roberts  While the list could obviously be much longer, the point is that for every bullish point that can be made there is an offsetting risk. The reality is that no one knows for sure where the markets will end this year. While it is true that "bull markets are more fun than bear markets", the damage to investment portfolios by not managing the risks can be catastrophic. A measured approach to optimism, where the relevant risks are given due weight, will always lead to longer term portfolio success.More...

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