Part 7/8:
For investors, the key takeaway lies in assessing their long-term asset allocations. The strong performance of the stock market over the past two years may have led many investors to veer away from their original allocation strategies. With market valuations where they are, the current environment is ripe for review.
It’s crucial to acknowledge that market timing is not typically the path to success; instead, focused, long-term planning is vital. Revisiting asset allocations now—when valuations are high—might be easier than making adjustments during a downturn.