The runup in stocks may prompt investors to wonder if they should rejigger their allocations. Here’s what the pros think…..
By David Bogoslaw
December 3, 2009, 12:01AM EST
“One clear lesson investors have taken from the current financial crisis is that a buy-and-hold strategy is no longer a sure thing in a much more volatile and uncertain market environment.The growing popularity of tactical asset allocation within portfolios, using a broader palette of investment vehicles, is changing the way investment managers think about periodic portfolio rebalancing.”