Our daily roundup of retirement news your clients may be thinking about.
Adding energy stocks to your retirement fund may be a smart move Although gas prices are on a decline, retirement investors are advised to rebalance their portfolio and consider adding energy and foreign stocks to their holdings, according to Anthony D. Criscuolo, a certified financial planner with Fort Lauderdale, Fla.-based Palisades Hudson Financial Group. This move will enable clients to protect their retirement portfolio, Criscuolo says. "If you allow your portfolio to simply 'follow the market' and then never or infrequently rebalance, you will end up with high allocations to assets that have done well recently and low allocations to investments that have performed poorly recently," a decision that could boost risk exposure over time, he explains. --CBS Moneywatch
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access