Hightower Podcast: Collective Wisdom
Don't let market nerves dictate long-term allocation decisions
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:11:54
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Sinopsis
Michael Policar of HighTower Bellevue and Jimmy Hausberg of The Hausberg Group answer an audience question and walk a nervous investor back from the edge of making a massive asset-allocation change out of fear of the next market downturn, noting instead that other factors -- from income to mortgage status to the actual need to tap investments to longevity -- should drive allocation decisions. The duo noted that the timing is right for reviewing allocation changes -- with a calm market near record highs -- but they warned against letting fear have major influence over long-term plans.