Excerpt from Sarasota analysts surveying stock-market damage
By John Hielscher
Posted Dec 18, 2018 at 5:05 PM
But while stocks look like they are stumbling to their first yearly loss since 2015, a number of experts are forecasting modestly better returns in the coming year.
A solid allocation plan should ease investors look through the volatility, said Matt McAleer, executive vice president and director of equity strategies at Cumberland Advisors in Sarasota, which has more than $3 billion under management.
“If you’re feeling stressed by the markets, there is nothing wrong with raising a little cash and selling down to your sleeping level,” McAleer said. “The key is trying to avoid emotional moves in the market.”
Read more at the Sarasota Herald Tribune
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