“The stock market is a device for transferring money from the impatient to the patient.” -Warren Buffet-

Expansions and contractions in the equity and fixed income markets should be expected.  Nevertheless, many investors fear the downturns and the effect these declines may have on their overall investment objectives

In conjunction with Morningstar, we have prepared the following presentation to help you better understand how markets have traditionally responded, following a pull-back.  These slides are part of our on-going commitment to client education.

Morningstar Presentation_ Downturns and Recoveries