FYI: The beginning of the year is the time when many people sit down with their financial advisers or otherwise seek out advice about their finances. And with stock markets’ rocky start to the year, that impulse may be greater this time around — that is, if people don’t run and hide.
While no one knows how the year will play out, plenty of so-called experts are lining up to offer their opinions. But how should you weigh what they advise?
Philipp Hensler, president and co-chief executive of Vontobel Asset Management, has some thoughts from his academic days. He wrote his doctoral dissertation in 2013 on how financial advisers reacted after the financial crisis.
Regards,
Ted
http://www.nytimes.com/2016/01/09/your-money/new-year-old-fashioned-investment-strategy.html?ref=topics&_r=0
