Just as many investors overreacted to the market on the way down, they need to keep a level head and not load up on too much stock in the current market rally,
Sauter says that while “cautious optimism” and “measured confidence” are welcome due to the S&P 500’s 50%-plus rise from where it stood at the bottom in March, “we’ve all learned a valuable lesson during the past year, and that’s that market performance can certainly change quickly—for the better or for worse—with little or no warning.”
The company is encouraging investors to “maintain a balanced, well-diversified portfolio in a sensible way to prepare for the uncertainties and volatility that accompany investing in the stock and bond markets.”
