2020-06-14 22:42:02, Chris Brycki, Stockspot Blog
Content Categorization
/Finance/Investing
Word Count:
1059
Words/Sentence:
17
Reading Time:
7.06 min
Reading Quality:
Intermediate
Readability:
11th or 12th
In late March while many advisers and active fund managers were making dire predictions and moving into cash, we were rebalancing thousands of clients out of some defensive assets into shares to keep their portfolio risk in line with their objectives.
Not only have the Stockspot strategies continued to have positive 12 month returns though this period, but they've landed in the top 1% of similar funds over 1, 3, and 5 years.
Research consistently shows that buying and holding a broad mix of diversified investments for the long term and rebalancing occasionally will put you in a better position than trying to time your entries and exits.
Bizarrely, and despite the unpredictability of 2020 so far, fund managers are still lining up to share their opinion on where markets are headed next… the same fund managers whose market-timing and stock picking strategies have consistently underperformed the share index over 1, 3, 5 and 10 years.
In the words of Nobel Prize winner Daniel Kahneman,
author of Thinking Fast & Slow:
Keywords
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