Press Room: Article
Standing Strong: Investing in Today’s Volatile Market
Following the recent market pullback, uncertainty is a common concern shared among the majority of investors.
The second half of 2010 and the first half of 2011 saw a slow and steady climb in the S&P 500, and may have lulled some into a false sense of security. Borrowing costs remained low, many corporations increased (or regained) profitability, and the consumer confidence index gradually moved higher. It appeared to many that the days of bank failures and flash crashes were in the rearview mirror. However, following the considerable pullback in the major indices throughout July and the early part of August, it may be an especially prudent time to review the basics of asset allocation, dollar-cost-averaging and manager selection.