For investors, it's helpful to consider the forces that could impact the markets. Taking some time at the beginning of the year to pause, reflect on the past, and consider carefully how it informs you about the future is a valuable exercise.
One of the biggest challenges corporate and municipal bond investors face when it comes to portfolio performance is interest rate fluctuation. Changing interest rates can increase risk and decrease investment value.
Most analysts agree that the US. equity and fixed income markets are over-priced and many other areas of developed markets are no better. Some advocate moving to cash, but are there more attractive alternatives?