All That Glitters Is Gold (and Silver)
August 20, 2020
For investors who are nearing retirement, or already in retirement, there is a greater need to have a balanced portfolio that includes other assets besides stocks. There were two periods over the last 20 years in which the stock market declined by 50% from its peak. The risk of that kind of drawdown in stocks is why we believe older investors, in particular, need to consider some “safe haven” assets to provide a buffer against the inherent higher volatility associated with stock market investments.