by Gene Walden
The stock market has been going through a volatile stretch in recent months and many economists predict that this volatility could continue for some time to come. This might be an ideal time to evaluate your asset allocation and make some adjustments to your portfolio.
If you anticipate a continuing market downturn, you might want to change your asset allocation to include a greater allocation of bonds and other fixed income investments. On the other hand, if you expect the market to bottom out soon and begin a recovery, you might want to adjust your portfolio to take advantage of an up-tick in the market.
Now would be an excellent time to review your asset allocation with your financial advisor and decide whether your portfolio strikes an ideal balance of stocks, bonds, cash and other assets. |