“Some clients are also selling off high-priced stocks to invest in better bargains. “Re-balancing your portfolio has been a strategy that has worked for people,” said Lia Bertelson, a certified financial planner with Together Planning. “When you see an investment that has grown significantly, take some profits and invest in something that is a little bit undervalued.
To take advantage of market volatility, managers will sometimes spread out the purchase of stocks over a few months, which might ease a client’s apprehension but not create better returns, she added.
The research says it’s better to put your money in all at once, but that’s not always great for someone’s emotional well-being,” Bertelson said. “I don’t think there’s anything to lose by spreading it out over six months or so.”
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