These good times are here to stay, right?

“Some people will look at past performance and extrapolate what has happened out into the future. They think the recent trend of good performance will continue without interruption, and they jump in because they want a piece of the action too.

But trends don’t last forever. Just because an investment has already appreciated is no assurance that it will continue to appreciate. Basing your actions solely on past events will eventually end in disappointment.”

Smart Money These good times are here to stay, right

This article was posted in All Columns, Planning Encyclopedia, Retirement Planning, Risk Management.
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