Not Your Traditional Wall Street Persona ...Caleb Lawrence is a registered investment advisor offering research driven personalized investment management services. Contact Caleb today to start a discussion
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While traditional long-term buy and hold investing works very well in a cyclical bull market, the last one ended in early 2000. The current bear market cycle has yet to complete. Bear markets require an active, as opposed to passive, investment management strategy. Strategies that are designed to capitalize on the ever-shifting investment opportunities available. The famous Ibbotson Study on asset allocation showed that 91.5% of a portfolio’s investment return was attributable to the allocation model used, the other 8.5% was put down to luck, timing and investment selection.
In order for this to be true, and it is, you have to have 30-40 years. Coincidentally this is enough time to go through a complete bull/bear market cycle. Most folks don’t get serious about saving and investing for their future until their late 40’s or early 50’s, and basic asset allocation says age and fixed income should choose conservative investments. I take issue with this particular philosophy.
If interested, please contact me to discuss your unique situation.
Financial News // Market Bull
The major averages closed with small gains after a volatile session. Talk of another trade war settlement makes the rounds, for what it’s worth.
The major averages close about even unable to hold their early gains as uncertainty reins with the trade war, Brexit and impeachment center stage.
The major averages couldn’t hold their early gains finishing with small losses on little news as concerns about a slowing economy grow.