Will You Outlive Your Money?

Author: , Post Date: December 28, 2017
image_pdfimage_print

If shares stall or fall and investment-grade bonds slump, some investors, accustomed to hefty returns, will be tempted to reach for profits by moving into riskier assets: speculative stocks, junk bonds and derivative securities (that they and their financial advisors don’t always understand). Big mistake, warns David Kotok, the chairman of Cumberland Advisors, an investment firm headquartered in Sarasota, and a frequent commentator on CNBC. “Expectations have been built to unsustainable levels by a decade of stimulus by central banks,” he warns. “I tell clients to now expect yearly returns in the low single digits—4 percent, 5 percent, 6 percent, maybe—not double digits. They don’t like to hear that…”

Continue reading at Sarasota Magazine.

cumber map

Cumberland Advisors® is registered with the SEC under the Investment Advisers Act of 1940. All information contained herein is for informational purposes only and does not constitute a solicitation or offer to sell securities or investment advisory services. Such an offer can only be made in the states where Cumberland Advisors is either registered or is a Notice Filer or where an exemption from such registration or filing is available. New accounts will not be accepted unless and until all local regulations have been satisfied. This presentation does not purport to be a complete description of our performance or investment services.

Please feel free to forward our commentaries (with proper attribution) to others who may be interested.

For a list of all equity recommendations for the past year, please contact Timothy J. Lyle at 800-257-7013, ext. 350. It is not our intention to state or imply in any manner that past results and profitability is an indication of future performance. All material presented is compiled from sources believed to be reliable. However, accuracy cannot be guaranteed.

Loading...