Time to take stock of your portfolio

The stock market is, and has always been, a gamble but the right combination of stocks and bonds can reduce overall risks.

New York

THE recent tremors in the stock and bond markets are unnerving - and may leave average investors feeling as if they should be doing something to protect themselves. But if any lesson should have been learnt from the last recession, it was the importance of having a well diversified portfolio and resisting the urge to sell in a state of panic.

So consider the recent gyrations as a warning signal - not of impending market doom but of the need to ensure your investments are on firm footing to withstand whatever happens to blow through the financial markets.

"This is a reminder that the market goes up and the market goes down, and this is normal," said Stuart Ritter, a senior financial planner...

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