Thought for the day

Even Bull Markets Aren’t Easy

Posted: 02 Sep 2014 06:16 PM PDT

“Risk, then, comes in two flavors: “shallow risk,” a loss of real capital that recovers relatively quickly, say within several years; and “deep risk,” a permanent loss of real capital.” – William Bernstein

A common sense article worth the read that is a good reminder that no one can predict when this or any other bull market will correct or end. But when the inevitable occurs it will be a lot easier on our portfolios if we keep calm.