2018 Quarter 2 Review: Strategic Series
When you look at a fund’s returns, the numbers assume that investors bought it at the beginning of a period and held it until the end. That’s usually not the case. Investors, often driven by emotions, tend to make unsound investment decisions, such as pulling out of a fund when it
struggles. Dollar-weighted (or investor) returns reflect that movement, and can teach a valuable lesson: Being out of the market, or in the wrong areas of the market, can be the enemy of long-term wealth creation.
Click the link below to read more…