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Friday Podcast: 1-22-16
Optimism is only half of the equation to overcoming a tough situation.
Regarding the current volatile financial markets, I hear many advisors talking right now about staying the course, we're in it for the long-term, "this too shall pass," and other similar comments. Intellectually, that makes sense as over the long-term, the odds are high we'll hit new all-time highs in the market again. But if this optimism prevents you from taking action because it will all work out in the end anyway, well, I think that's a mistake.
"Action" does not mean you start timing the market and make bold portfolio…
The skinny
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