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Kinniry: Data Doesn't Bear Out a Tactical Approach

Investors may be well-served by tactically tweaking their broad allocations in extreme times, but wholesale tactical strategies have not generally performed well, says Fran Kinniry of Vanguard's Investment Strategy Group.

Kinniry: Data Doesn't Bear Out a Tactical Approach

Christine Benz: Hi, I'm Christine Benz for Morningstar.com.

In the wake of the bear market, a lot of investors have begun to embrace more tactical approaches rather than using the strategic buy-and-hold approach to asset allocation.

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