Many investors are carrying the scars of the past five years into 2013, perhaps to their own detriment. Some may lose money sitting in cash or fixed income while failing to recognize some long-term opportunities. Others may be too keen on trying to time the market to avoid potential downside.
“If you’re a worrier, which I am, you can find new things to worry about in the wake of good things happening,” Ed Katz, advisor and senior vice president – investments at Wells Fargo in Atlanta, said. “That sort of sums-up January in the equity markets. Everyone’s so gun-shy.”
To clear up some misconceptions, Wells Fargo explains some of the less focused-on market trends that investors and advisors should keep in mind and also offers some timely reminders that are relevant no matter what direction the market turns.
Click ahead to see the top ten ideas that advisors and clients should keep in mind featuring commentary and anecdotes from Katz’s practice.