Record number of investors moving out of equity funds
Timothy Chubb, Girard’s chief investment officer, appeared on Yahoo! Finance “Midday Movers” to discuss his market outlook and how to manage volatility concerns. When asked about who investors can trust in a volatile environment Chubb says, "For a business like ours it goes back to long-term planning. Investors have to take into account their time frame. We're looking to hold allocations for 10 plus years. It's very difficult to time the market, you have to be right twice - when to get out and when to get back in - and the average investor won't get that right. We encourage clients to stay the course and stick to their plan."
Watch the full interview here.
These articles and reports are for general information purposes only and are not intended to provide legal, tax, accounting or financial advice. The information in these articles or reports, and any opinions expressed therein, do not constitute a recommendation or an offer to buy or sell any security or financial instrument. Viewers should consult with their financial and/or legal professionals before making any financial decisions.