With most markets taking a nose dive, it’s enough to make you run for the hills. Yet you’ve heard a lot of investment professionals tell you to “Stay the course.” But what does “stay the course” actually mean? It refers to maintaining the investment strategy that you put into action before the market crash, assuming it’s the right fit for your circumstances. When someone refers to an investment strategy, they are Read More
What are Asset Classes?
In Lesson One of Asset Allocation, we learned that when investment professionals say “Stay the course”, they mean investors should maintain their investment strategy, which typically refers to the portfolio’s asset allocation or the percentage amounts allotted to certain investment categories in your portfolio. In March 2020 most asset classes lost significant value, some almost 30% and others less than a percentage Read More
