The previous couple of years have been very hard on investors—both financially and emotionally. Everyone has an individual perspective on what happened and how the financial crisis could have been addressed. Many wonder if there was something they could have done to avoid loss. They wonder if they should have seen things coming and taken action sooner. But rather than focusing on the past, now is a good time to look forward and to see to it that your portfolio risks are in line with your objectives. Your Merrill Lynch Financial Advisor can help you clarify and define your goals.
Another lesson from recent events is that each individual investor should practice basic financial diligence. For instance, by rebalancing and reinvesting on a regular schedule—at least annually—a portfolio can avoid straying too far from its strategy. Proper diversification is another basic. Be sure to speak with your Financial Advisor about whether your portfolio is truly diversified.
