Investors tend to see their risk preferences drift in reaction to past experiences
Last year’s stock market blowout is apt to prove “a dangerous blessing” for many ordinary retirement plan savers, Liberum chief market strategist Joachim Klement warns.
Thanks to the boom in the S&P 500 SPX and the fall in the bond market BX:TMUBMUSD10Y, many are now taking on far more risk in their portfolio than they intended, can handle, or may even realize, he warns.
Brett Arends | MarketWatch