Getting the Right Mix
Almost one-third of investors say that none of their retirement savings is going into stocks, according to a recent online poll. Some of the respondents cited the current economic climate as a reason for the dearth of equities. It can be difficult to avoid emotional reactions to changes in the market, but a carefully considered long-term asset allocation strategy may help your retirement portfolio better endure volatility. After all, research suggests that over 90% of a portfolio’s performance is a direct result of how its assets are allocated. Asset allocation is the process of dividing your investment dollars among asset…