View our recent article in FORBES: “Why Your IRA Is Likely At Risk…And How To Help Correct It.”
As a former Wall Street broker and now fee-based advisor of almost 30 years, my experience has shown that, if your retirement portfolio dramatically declined during the 2000–02 and 2007–09 market drawdowns, these three things were likely true:
- It wasn’t your fault.
- Your portfolio was designed to perform that way.
- It will likely do so again.
What do I mean? Without getting too technical, portfolios are typically designed to achieve either relative or absolute returns. Given that 95% of all individual investor portfolios are relative in nature, chances are yours is as well.1