A Cautionary Tale About Chasing Perfomance
Because there is no crystal ball allowing us to see which asset classes or sources of risk and return will do the best in the future, the prudent strategy is to diversify across many of them and stick to your long-term plan, through both the market’s highs and lows. Why? This cautionary tale illustrates just what can happen when an investor instead chooses to chase returns. Read the full article.