Commentary for week ending 03/05/2022
With all of the events happening in Ukraine, my comments will be somewhat brief.
I want to remind you that panic is not a strategy. Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking family, is credited with this saying: “Buy when there’s blood in the streets, even if the blood is your own.” This is an important reminder, especially if you are a 401k and/or IRA investor building your portfolio. So continue to make regular investments in the market and don’t worry. And if you are following my 90/10 rule on allocation, put the 10% cash to use!