May 26, 2020

A sense of urgency is great for business — but dangerous for investing

As Mill Creek Capital Advisors notes, investors are facing two divergent fears in today’s turbulent economy: the fear that equity markets will retest their March 23 lows and fall further, and a fear of missing opportunities for strong gains if markets move higher.

I admit, when it comes to investing, I struggle with that fear, and it has led to some significant mistakes, such as in 2008 when I was heavily invested in bank stocks during a time when financial institutions collapsed. My mistake was that I bought too much too soon after the crash. I also underestimated how far the market would fall before it turned around.

How many of you are facing this fear now? You’re not alone.

Continue reading.

Our mission is to help clients protect assets and enhance employee outcomes through the delivery of exceptional risk management and employee benefit consulting services and products.

Copyright © 2024 The Fedeli Group Powered by DevQ