What Wall Street Doesn’t Want Investors to Know
The recent sharp market decline has brought out the worst in the securities industry and the financial media. Some brokers and pundits who were “riding the bull” have undergone a remarkable transformation and now advise “fleeing to safety."
Tips for Dealing With the Market Decline
The recent sharp decline in the stock market has investors concerned. Apparently, many "investment pros" thought the market would continue its upward trajectory through 2014. The National Association of Active Investment Managers conducts a weekly survey with advisers and found that they have an astounding 98.3 percent of their clients' portfolios allocated to stocks. This was a sharp increase over the average of 72 percent allocated to stocks in 2013.
