Pundits and commentators have the unfortunate habit of telling us what we already know, after the fact . &
Markets start the year on historically wild ride...
No one said that investing was for the faint of heart. The start to 2016 marks the worst beginning in the history of the markets. That's pretty incredible since this dates back to the late 1800's, and, it's widely thought that the start typically sets the tone for the remainder of the year.
Many investors, especially those still reeling from the 2008 – 2011 stock market roller coaster ride, have developed a low tolerance for volatility. As a result they have moved a significant portion of their investments into bonds or other fixed yield vehicles.
Watching the roller coaster ride of the stock market can make many investors queasy. Even though the stock market has, historically, always trended up, investors can’t help but feel uneasy as they watch the values of their portfolios rise and fall with the market.
Until recently, many retirees have been able to rely upon the three-legged stool of retirement income sources: A defined benefit pension plan that guarantees a lifetime income, their own savings, and Social Security.