If you didn't know already, you will after reading this...global stock markets have put in a pretty rough day. The Dow is -370pts or 1.77%. Not a good day if you are 100% invested in Stocks (and most of the new clients we see transfer into High Rock are in fact just that...100% stocks. Crazy!).
Lots of reasons circulating about why the market is selling off in such dramatic fashion but here are some:
Notice three things about this chart:
Three for three. Yikes, is that a strike-out? No umpire so we will wait for Father Time.
I am almost 100% certain that our portfolios at High Rock will be lower tomorrow morning when we walk in, however, they won't be down anywhere near the same as the stock market. Why not? Two main reasons:
Returns are the result of proper risk management.