Year-to-Date Performance of Fidelity Balanced Fund

In my conversations with you, you want to know what I do when the market goes down. “Do you sell stocks?” you ask. My answer is always no because, with a balanced portfolio, you already have a good chunk in other areas that can act as a counterweight when stocks decline.

Action Line: The key is to determine what your risk tolerance is and invest accordingly. Like a food allergy, investors oftentimes don’t realize they are intolerant until after the fact. Try not to let that be you or a loved one. When you’re ready to talk, email me here at ejsmith@yoursurvivalguy.com. But only if you’re serious.