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Tafkam Hokie

Joined: 10/07/1999 Posts: 35179
Likes: 13640


I don't think that information by itself tells you anything.


If your financial advisor is genuinely trying to time the market and outsmart the herd, I'd probably dump them regardless of whether they are doing well or not. The types of people who can pull that off over the long term are REALLY rare.

If he is buying you positions in companies (or mutual fund sectors) that are well positioned for future growth and income, then the direction the economic wind is blowing today is irrelevant. Well-run and well-positioned companies will be worth owning even if their price is going down in the short term just because people are panicking.

(In response to this post by AZHokie59)

Posted: 05/05/2022 at 3:05PM



+3

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