In this episode, Mark talks about asset allocation vs diversification. It does not matter what your portfolio is doing year to date, or over a certain number of years. What's important is how its going to do in the future. If your portfolio is allocated correctly than the volatility associated should not bother you. There will be a low point in the market, and it will go down. You are either not investing with clarity or your asset allocation is not correct. Investors are not being trained in a way to deal with their money in the way they should. Stop comparing your portfolio to others. The only comparison that should be done is whether or not you’re on track to reach your goals.
October 23, 2017