The holidays offer days off and closed markets, allowing you to take a breath, think long term, and adjust your portfolio as you see fit. We do the same, selling a few names and adding a couple to the Lifelong Income Portfolio.
Subpar economic growth doesn’t support the S&P 500’s inflated valuation multiples, which have reached their highest levels since the 1999-2000 tech bubble. As part of our ongoing effort to reduce risk, we exit two of our Wealth Builders Portfolio holdings.
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