It is easy to dismiss diversifiers after a truly epic rally but they will matter again at some point…and then after that there will be another truly epic rally.
From the post;
No matter what markets end up doing, advisory clients and do-it-yourselfers still have financial plans that likely require some amount of growth over time in order to have a chance of succeeding without something, such as desired lifestyle or working longer than hoped for, having to give.
Please click through for the entire post.
Wacker Drive (I think).