The Error-Proof Portfolio: Go Ahead, Sell Some of Your Stocks
But not for the reasons you think.
Amid the ongoing gridlock in Washington, many investors are on pins and needles about what all of this will mean for the markets and, in turn, portfolios. Even if the current crisis is averted, the dysfunction in Washington appears likely to continue, and that's not good for markets. After I gave a retirement-centric presentation for a group of individual investors last week, one person after another came up and asked me if it's time to sell stocks.
And believe it or not, my answer was "Yes, it may well be."