With many things in life, when we get complacent we tend to mess up. The same is true for investors.
Currently, there hasn’t been a major pullback in the markets for a while. The turmoil following Britain’s vote to leave the European Union, and the slide in the first few weeks of the year, now both look like distant memories. Yet despite that general lack of volatility, attitudes towards stocks haven’t become ultra cautious.
Edward Dempsey chief investment officer at Pension Partners, explains his thoughts on the matter in this video.