Staying the course – A few thoughts on Asset Allocation
This weekend my daughter and I headed out for an evening soccer game down in the DC metro area, it was Saturday night around 6pm. I found myself on Interstate 495 (Washington Beltway) approaching a slowdown and immediately looked to either side of me to see which lane I should move to next. I had somewhere to be and there had to be a decision I could make that would get me to my destination faster! After looking around and not seeing an opening my lane started moving again, then I had to slow. I stayed in my lane as it seemed like I was just going to be guessing if I moved to the right or left. While I drove, all lanes took their respective turns speeding up and slowing down, but we all really moved at the same pace at the end. Some just slightly quicker than others. About 15 minutes later traffic was flowing freely again. No doubt many of us have been in this situation before, sometimes guessing correctly, but often not.