Every financial planner agrees you should have an IPS, but I’d be willing to bet actual investable cash that you don’t, because the idea of writing an investment policy statement makes writing a will sound like prom night.
Every investor faces a whole host of challenges in managing their portfolio. Chief among them: deciding not only when to buy, but also when to sell. This is critical when you’re taking profits and when you’re cutting losses.
It’s the holy grail of investing: stock market returns without stock market volatility. In an effort to court investors who are sick of watching their money disappear in a bear market, some investment companies now offer “absolute return” funds. But do they deliver on their promises?