When eating an animal, it’s important to eat as much of that animal as possible, and more often that not those “unusual” pieces are some of the most flavorful. This is true of the pig face, and it’s true of the chicken neck.
Tagged With stocks
A diversified portfolio is one of the keys to a successful long-term investment strategy. But can your assets ever be too diversified?
If you’re like many, the recent swings of the stock market aren’t necessarily keeping you up at night—only around half of us are invested in the stock market at all, and of that, “the top 10 per cent of wealth holders in the United States own an estimated 85 to 90 per cent of stocks,” according to the Washington Post. Rather, the thought of a weakening job market is what really matters to you. A dip in the S&P doesn’t mean nearly as much as your company laying off more workers.
The Nasdaq index, which includes major tech companies like Apple and Microsoft, fell into bear market territory at the close of the market last week, a term that signifies a loss of 20 per cent or more from its peak.
The Wall Street Journal attributes the decline to a “bevy of concerns, from the Federal Reserve’s pace of interest-rate increases to the health of the U.S. economy and a looming government shutdown.”
With the market fluctuations the past week or so, there have been questions about when to rebalance your portfolio, if at all. Some say it shouldn't interfere with your long-term plan, and to stick to once a year. Others say the time to rebalance is right after the market goes up or down by five per cent or more.