Crowded House

October 20, 2017 | Tim Fisher


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RBC, Market Commentary, Wealth Management, Investment Advisor

Too crowded. Advisors being quoted in the press have been biased toward the “correction camp” for several months now, as the markets have continued to rise, and those advisors may be right eventually, but it is also interesting how long an uptrend can go on where few really trust the move. All we have to compare the current situation to are past experiences; but new market trends can be different from the past, especially in the short term. We think that the best way to deal with uncertain markets is to stick to your plan and be wary of new ideas or strategies that may not be in your best interest. Enjoy the daily news and opinions for what they are, but don’t let a few words cause you to change your well-thought-out plan.