I have not blogged in several weeks. This is due to my continued work on the materials associated with Wade Financial Group's new approach to investing, called LifeStage. More on this coming soon.
Please click on the title of this blog to read an article from TheStreet.com more about the mounting layoffs across America. This blog is a reminder that with layoffs continuing to increase, the chances for a sustainable recovery remain low. This is why we have some "defense on the field" in all of our balanced portfolios.
Only by standing against the prevailing winds–selectively, but resolutely–can an investor prosper over time. Such a strategy may underperform during markets that are rising based upon the momentum of the herd vs. fundamental valuations.