Today’s Market Commentary – Time To Buy?Posted: October 3, 2011 | |
The markets have now officially given back all that they’ve gained over the past year, dropping into negative territory for the past 12 months today. Fear pervades the markets and an attitude of “sell sell sell!” abounds. But that’s not what we’re going to do.
Our portfolios have been rather conservative over the past couple of years – allowing us to ride out the downturn in 2008 and maintain stability ever since. It is time to begin adding more equities (stocks) to our portfolios and take advantage of low valuations. Currently the portfolios have:
- Core Conservative: 26% Equity
- Core Balanced: 36% Equity
- Core Aggressive: 49% Equity