Having predetermined guidelines that recognize the potential for turbulent times can help prevent emotion from dictating your decisions. For example, you might take a core-and-satellite approach, combining the use of buy-and-hold principles for the bulk of your portfolio with tactical investing based on a shorter-term market outlook.
My Investment Fund Manager and dear friend, Hatem Dhiab sent me an article that he recently wrote for his clients. He is the Managing Director of the investment firm Gerber & Kawasaki, based in Santa Monica, CA. Thought it was great advice so I wanted to share with the rest of you who are …