By Rick Walter
The end of the year is fast approaching and its time to start thinking about doing some investment house-cleaning. Take a look at the total returns of our Moderately Aggressive portfolio posted today. This portfolio has performed very well since April '09 of this year and I expect it to continue to rack up gains as the economy continues to improve. Now, if I were a smart investor I would wait for prices to come back down a little bit before I made a move but the risks are that quality assets, and most fund managers know what they are, could get a bit pricier. Finally, its the beginning of earnings reporting for the third quarter of the year, so we should begin to get a clearer picture of the financial health of many companies. We should keep in mind though that many companies normally report not-so-stellar performances in the third quarter of the year.
The end of the year is fast approaching and its time to start thinking about doing some investment house-cleaning. Take a look at the total returns of our Moderately Aggressive portfolio posted today. This portfolio has performed very well since April '09 of this year and I expect it to continue to rack up gains as the economy continues to improve. Now, if I were a smart investor I would wait for prices to come back down a little bit before I made a move but the risks are that quality assets, and most fund managers know what they are, could get a bit pricier. Finally, its the beginning of earnings reporting for the third quarter of the year, so we should begin to get a clearer picture of the financial health of many companies. We should keep in mind though that many companies normally report not-so-stellar performances in the third quarter of the year.
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