My Sunday Washington Post Business Section column is out. This morning, we follow up a June column that advised taking advantage of markets at all time highs to clean up your portfolios. This time out, we look at the market turmoil as a reminder, and the snapback rally as an opportunity.
The print version had the full headline Market snapback is chance to clean up your act while the online version was A rollicking week in the markets is really a chance to clean up your act.
Here’s an excerpt from the column:
“A few months ago, with markets on a hot streak, you were given the Solomonic heads-up that “this, too, shall pass.” Your portfolio was basking in the sun at that moment, but as always, winter is coming.
Its a golden opportunity to prune what you don’t need, don’t want, or no longer fits your risk tolerances at advantageous prices . . .
A rollicking week in the markets is really a chance to clean up your act
Washington Post, August 30. 2015