A couple of weeks ago the Dow hit 20,000! At the time we wrote the following blog post to inform you of the danger in paying too close attention to those on TV and the internet who claim to be experts on when to get in and out of the markets. We thought you might appreciate the conflicting views of a popular television personality that came exactly one day apart. However, the real reason we point this out to you is that recently we have noticed an uptick in interest for taking on more risk by our clients and prospective clients. We urge caution as the market has gone even higher. It might be better to stick to the plan rather than chase after all the reported returns in the market. For it is those who jump on the bandwagon that ultimately get burned. Remember, diversification wins with race!
Chip Addis
CAddis@AddisHill.com
